Solana price prediction: rare pattern shows SOL rally is just starting
Solana price has rallied for two straight weeks and is now hovering at its highest level since February, and technicals suggest that the rally is just getting started.
Solana rose to $177 on Monday, up by 85% from its lowest level in April, giving it a market cap of over $90 billion.
The surge has coincided with ongoing gains in the crypto and stock markets. Most importantly, it happened as most Solana meme coins jumped, bringing their market cap from $6 billion in April to $15 billion today.
This growth has triggered more inflows in decentralized finance protocols in the Solana ecosystem, bringing the total value locked to almost $10 billion.#TradeLessons #TrendingTopic