Can Solana Price Break $180 and Trigger a Massive Rally? 🚀
Solana's recent price surge of over 50% has brought it close to the crucial $180 resistance level, a potential precursor to a massive rally. The rise is supported by a robust demand in its network, evidenced by monthly transaction volumes exceeding 1.5 billion.
Moreover, institutional investors have amassed holdings of over 395,000 SOL, with recent purchases totaling 200,000 SOL. This increased interest indicates confidence in Solana's future performance. Analysts suggest that breaking the $180 level could trigger further price escalation, drawing more traders and investors into the fold.
Source: www.thecoinrepublic.com ↗
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