en
Back to the list

Solana [SOL] Price Analysis: Solana Aims To Smash Through Multi Month Trend

source-logo  coingape.com 30 July 2021 14:18, UTC
  • SOL experienced a near 18% push over the last day
  • Price has touched a 2 month long trend
  • SOL is attempting to hold 200MA

Solana is trying to pull itself out of the trench it fell into the last 2 months. Prices are up nearly 50% after a short term bottom was set last week. Solana’s promising tech has kept it in the eyes of many investors over the recent bearish trend . SOL is attempting to become a better version of Ethereum as it offers a highly scalable & efficient way to host dApps (decentralized applications). Solana has been eyeing a spot in the top 10 cryptocurrencies for much time now and it may achieve that once the market turns back to full bull mode.

coingape.com