๐ฎ WILL SOLANA PRICE HIT $200 THIS WEEK? ONCHAIN METRICS POINT TO TVL BOOM AMIDST ALGOTECH $3M PRESALE ๐๐
๐ Solana ($SOL) continues its remarkable journey in the crypto world, showcasing evident growth and network developments. Meanwhile, Algotech (ALGT) comes up as a frontrunner in trading solutions, with its recent $3M presale captivating the attention of traders and investors. In this article, weโll look into the details of these developments. ๐
๐ A 645% surge signals crypto enthusiasm as Solana continues to rise
Over the last year, SOL has seen an astounding surge of more than 645%, a testament to its remarkable fundamentals and increasing popularity among enthusiasts. Currently, Solana is trading at $192.34. Its value has increased by over 9.04% in the last 24 hours alone, highlighting its momentum in the crypto market.
๐ Leading DeFi network achieves $4.05B TVL surge, fueling bullish price predictions
Solanaโs network is powered by the activity level of its decentralized applications (DApps) and its Total Value Locked (TVL). The TVL has seen a notable 30% surge since the beginning of the year, achieving $4.05 billion.
โ Will SOL break the $200 barrier amidst market volatility?
If SOL sustains above the $190 level it could pave the way for the coin to challenge the $200 resistance threshold. Investors should stay cautious of potential plummet, with support levels at $170 and $150 in focus.