Solana (SOL) just lately surpassed the $140 mark, reaching an virtually two-year excessive. The favored cryptocurrency final examined this degree in April 2022. SOL was one of many best-performing cryptocurrencies of 2023, and the asset appears to proceed its bullish trajectory from final 12 months.
SOL has rallied by 4.9% within the day by day charts, 12.7% within the weekly charts, almost 32% within the 14-day charts, and 45.3% over the earlier month.
SOL’s newest rally is probably going resulting from Bitcoin (BTC) briefly hitting a brand new all-time excessive. BTC’s worth spike, then again, might be resulting from elevated inflows into spot BTC ETF (Change Traded Fund) merchandise.
Will Solana (SOL) hit $200 in March 2024?
Reaching $200 from present worth ranges would translate to a development of about 44.3%. In line with CoinCodex, Solan (SOL) might hit a most worth of $140.04 in March 2024. Reaching $140.04 from present ranges would translate to a development of about 1.05%. Nonetheless, the platform anticipates SOL to hit $158.62 in early April.
In the meantime, Changelly predicts Solana (SOL) to hit a most worth of $159.56 in March, which it could attain on the twenty eighth. Hitting $159.56 from present ranges would result in a development of about 15.13%. Changelly doesn’t anticipate SOL to breach the $200 degree until a minimum of July 2025, hitting a most worth of $208.23 for the month.
Telegaon, then again, predicts SOL to succeed in a most degree of $165.16 this 12 months, an increase of about 19.17% from present worth ranges. Nonetheless, the platform doesn’t make clear which month SOL might hit this worth level. Furthermore, Telegaon, like Changelly, anticipates SOL to breach the $200 degree in 2025, reaching a most worth of $204.68 for the 12 months.
Trending Now
What’s blocking a ceasefire between Israel and Hezbollah?
You may also like
