$SOL UPDATE

Slowly but steadily, SOL is approaching my first target of around 235, which could confirm the Elliott Impulse Wave theory.

If SOL sustains its current momentum and breaks above the 235 level, we could see further upside potential towards the next resistance zone.

However, monitoring the price action closely for any signs of potential reversals or pullbacks along the way is essential.

Memecoins play a significant role in increasing interest in the Solana ecosystem and also bring substantial inflows into the project.

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