Cryptocurrency Solana (Sol) is traded for around $200 in the main exchange.
And although Sol had a recent fall that may be worried about investors, he was giving good purchase points at the moment. This – as seen in the image below – Cryptocurrency is near the bottom of the rising channel (That limit is about $193).
It is true that there is no guarantee of an increase, but according to technical analysis, that is true too. From this point on, there is a high chance of rebounding.
Furthermore, as observed in the image above, mobile socks for 5, 10, 20 days show that The sun keeps bullish Despite the recent fixes he had. This enhances Solana’s potential for rebounding.
At the macroeconomic level, Interest rate reduction The Federal Reserve will implement this on September 17th They were able to raise the price of Solana Because it corresponds to liquidity injections in the market (such as Bitcoin and other cryptocurrencies).
Analyst Mike Faye said in a report recently reviewed by Cryptootics:
“There’s a very high chance that Solana will reach his historic maximum.”
Mike Fay, market analyst.
The largest historic price for Solana is around $195 And that reached January 19, 2025, a day before Donald Trump was assumed to be President of the United States.
What makes Solana’s price hike? This cryptocurrency institutional and corporate accumulation. At least 13 companies have incorporated more than 1,000 Suns each into the Ministry of Corporate Finance.
explanation: This article is written as a useful method. It does not constitute an investment recommendation or a financial council. Each investor is responsible for conducting his own research.
