SOL is on fire! According to Syncracy Capital co-founder Daniel Choung, the token is benefitting from multiple catalysts, including meme coin trading, stablecoin volumes, and DeFi activity.
He expects SOL to reach new highs soon, potentially even breaking the $200 mark by the end of May!
What's driving this momentum? Network upgrades, Firedancer (a secondary chain client) is coming, and there's growing interest in shared #cryptoeconomic security (restaking) arriving to the ecosystem.
What do you think about SOL's price action? Let me know in the comments! #Solana #SOL