Talking about Solana ($SOL ) is no longer just talk about the "Ethereum killer"; the currency has proven to be a category of its own. Here’s the gist in quick points:
1. The network never sleeps 🌐:
While other currencies are busy with updates, Solana is sweeping with terrifying trading volumes, whether in NFTs or the craze of meme coins. Liquidity is present, and the network operates more efficiently than before.
2. Quick technical glance 📉:
Solana shows clear "buying power" at every dip.
As long as the price maintains the main support areas, the overall trend is bullish.
Any drop is an opportunity for accumulation (DCA) rather than an exit.
💡 The gist:
Solana has turned into a "Blue Chip" (core) asset in the portfolio. Speculating on it is profitable, but investing in it is safe. Don't try to go against the trend.
In the short term: If the closing remains above the current support levels, the next target is the area of $185 - $195. Breaking through it will quickly open the door to test the $210 barrier.
In the medium term (next quarter): With the continued influx of liquidity, it is not unlikely to see SOL break its previous all-time high (ATH) and target levels of $260 - $300.
⚠️ Note: Always remember that "Solana" is linked to the movement of Bitcoin. If the "big one" decides to correct, all technical targets will be delayed a bit.
My question to you:
Do you think SOL will outperform ETH this season? 🤔
Comments are yours 👇
