SOL Price Prediction - Technical Analysis
Solana is a general purpose blockchain similar to Ethereum.
It has a different technical underlying such that developers write applications using Rust instead of Solidity or Vyper. End user applications as of now include decentralized finance (DeFi), non-fungible tokens (NFT), marketplaces, games, and more. One of its biggest feature is its scalability in which Solana is able to process over 700,000 transactions per second. Its 24 trading volume was $2,420,555,026 and its market cap is $2,420,555,026. Let us review SOL Price.
SOL Price Prediction
SOL is currently trading above the support zone of $143. If it can stay above this support, we could start seeing a move towards $180, $191, $206, $220, $241 and $268. If the resistance at $268 breaks, we could start seeing a move towards $344 and $468. However, failure to hold the support at $143 could lead to a drop towards $130.
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