Analytics

Solana Price Analysis Hints Rally to $200 as OnChain Metric Jumps 33%

13.06.2024

Solana Price Prediction: On June 12th, the Solana coin witnessed a notable jump of 7% to reach the trading value of $160. This uptick followed the broader market recovery as crypto investors reacted positively to the U.S. CPI Data. The United States reported that May’s unadjusted Consumer Price Index (CPI) annual rate stood at 3.3%. A less hawkish monetary policy generally supports riskier assets, including cryptocurrencies, by maintaining more favorable liquidity conditions.

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13.06.2024
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