Solana – Cooling After Strong Momentum
Price: $179.94 (-0.71%)
Market Cap: $96.85B | 24h Volume: $6.62B
Solana, after a strong run, is easing slightly. The network’s high TPS (transactions per second) and expanding DeFi and NFT ecosystems keep it relevant among altcoins. Anatoly Yakovenko, Solana’s co-founder, recently highlighted improvements in validator performance, strengthening the chain’s resilience.
Projection: Maintaining above $178 could see SOL retest $185 resistance; a break below $175 risks a slide toward $168.
Reflection: SOL remains a top-tier L1 contender, but sustaining price momentum will require continuous network stability and ecosystem growth.
Can Solana sustain its climb in a crowded L1 race?
