$SOL

Solana’s Strength Amid Volatility

Solana trades, down 2.65% amid broader market jitters from Israel-Iran tensions. Despite a 9% drop earlier, SOL’s fundamentals shine, outpacing Ethereum in users and transaction volume. Its fast, low-cost network drives stablecoin adoption, fueling demand. The FOMC meeting could sway SOL’s trajectory if Fed policy shifts. Analysts see upside potential if macro conditions stabilize, but geopolitical risks linger. SOL’s range holds firm, but volatility looms.

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Investors should track SOL’s user growth and ETF-related developments for bullish signals.