🚀🚀🚀✊Solana Soars: Experts Project $500 Price Surge Despite Crypto Market Turmoil
Solana (SOL), the fifth largest cryptocurrency by market capitalization at $56 billion, has seen an 8% decline amidst the recent market downturn. Despite this, experts remain optimistic, suggesting that if SOL maintains support above $120, it could experience a notable price recovery in the coming months.
Altcoin Sherpa, a respected analyst, highlights $120 as a crucial support level for SOL, predicting a bullish trajectory. With a current trading price of $124, Altcoin Sherpa anticipates SOL could surpass $500 this year, marking a remarkable 300% increase from its current levels. This projection far exceeds SOL's previous all-time high of $259, achieved during the crypto bull run in November 2021.
