Solana price could be edging closer to ending its six-month sideways movement and hinting at a massive rally. Adding credence to this outlook is an expert who issued a “final warning” as he expects SOL to soar by double digits in under two weeks. The analyst’s bullish scenario is backed by his outlook on Bitcoin’s price, which could hit $80,000 in the same period.
Will the SOL price rally 50% in just 13 days, as predicted by the analyst?
Why Is Solana Price Rising Today?
On October 24, SOL price rose 4.9% and currently trades at $173.46. This bullish outlook can be attributed to Bitcoin’s uptick during Wednesday’s late New York trading session.
There are a few reasons why Solana has been outperforming Ethereum over the past few months:
Solana’s total value locked (TVL) recently hit a two-year high, indicating increased network usage.
Solana has surpassed Ethereum in daily transaction fees, driven by the growing popularity of meme coins on its blockchain.
SOL/USDT 12-hour
We współpracy z: https://coingape.com/markets/expert-analyst-issues-final-warning-for-solana-price-before-60-rally/
