Analytics

Solana Price Target $250 Rally with 2M Active Users Boosting Network Activity

28.07.2024

SOL, the native cryptocurrency on the Solana network showcased a sluggish trend throughout the week seeking stability above the $170 level. The neutral weekend has triggered 0.55% in Solana price today to hit $182, while the market cap is $84.6. While the price action hints at no major movement, the On-chain data and derivative data show a drawdown in Solana’s growth. Will price recovery follow next week?

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28.07.2024
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