Solana coin (#SOL: ) shows significant gains in #binance 2024. In March, Solana reached a new record for the volume of daily active addresses, reaching 2.4 million, which exceeds all other blockchains. There was also an increase in the total value locked in the network (TVL), which increased to $4.9 billion, up 96% compared to February).

Experts' forecasts for 2024 are generally positive. Ryan Lee from Bitget Research and Maxim Ilgov from ONLY BANK expect the coin to grow due to the Fed's interest rate cuts and increased activity in the Solana ecosystem). According to technical analysis, SOL is showing a steady upward trend, with important resistance and support levels identified at $69.59, $107.74 and above.

$SOL

However, Solana also faces challenges. The US Securities and Exchange Commission (SEC) sees signs of an unregistered security in SOL, which could put pressure on its growth). Also, the Solana network periodically suffers from overloads