Solana has been consolidating over the last few weeks, leaving bitcoin to grab the headlines. However, the last couple of days have seen a big push from $SOL.
With bitcoin (BTC) preparing for its next big move upwards, and ethereum (ETH) finally springing into life, the crypto sector looks to be reigniting. That said, the cryptocurrency that is really putting on the show right now is Solana (SOL).
Solana turbo boost
Source: Trading View
On Wednesday, $SOL perhaps signalled what was to come, as the price rose nearly 9% before falling back heavily and leaving a wick to the upside. However, on Thursday, Solana bulls were not to be denied, and this time a 12% gain was made, which only fell back slightly.
Today, $SOL is up 6.5% so far and it looks as though there might be more in the tank. With $BTC on the verge of breaking out, and $ETH already showing a lot of strength, $SOL is probably going to compare favourably, having been beaten down far more than these two rivals.
A $SOL macro persp
We współpracy z: https://cryptodaily.co.uk/2023/12/solana-sol-fires-up-with-price-surge