Solana (SOL) is expected to show steady price movement on December 2, 2024, with an anticipated opening around $247.50 and a projected close near $242.55. The predicted trading range for the day is between $210.37 and $309.37, signaling a period of stability while leaving room for potential growth if market conditions align. Solana’s continued adoption by developers and its expanding ecosystem, driven by fast transaction speeds and low fees, are key factors supporting its bullish outlook. However, broader market trends, particularly the performance of major cryptocurrencies like Bitcoin and Ethereum, will likely influence SOL's trajectory. Despite its strengths, Solana faces competition from networks like Ethereum, Cardano, and Binance Smart Chain, and must address past challenges such as network outages to maintain investor confidence. As always, cryptocurrency markets remain volatile, making thorough research and proper risk management essential for any investment strategy.

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