🚀 Solana Set to Soar? $250 in Sight
$SOL up 29% in the last month, riding the altcoin wave after Bitcoin shattered the $100K mark.
Key Drivers:
• Strong DeFi Growth — TVL hits $9.13B (DeFiLlama)
• High Chain Revenue — Solana rakes in more fees than Ethereum
• 65% Staked Supply — Low float = Price pressure
• Bullish Wedge Breakout — Technicals support the move
• Futures Funding at +8% — Traders leaning long, but not overheated
Analyst Target: $250
$SOL still trades ~40% below its ATH of $295.
Is $200 next? Momentum says yes.