$SOL

The cryptocurrency Solana (SOL) experienced a 15.3% decline over the past month, despite its strong performance this year. This decline is attributed to weak activity in meme coins and profit-taking by investors. However, technical analyses suggest the possibility of a significant price surge for Solana, potentially reaching $300, based on the "bullish pennant" pattern, which indicates a strong upward trend that could bring it back to its bullish trajectory.