$SOL

🚨 Crypto Analysts are Bullish on the Solana Price 🚨

Solana price rallied as most meme tokens in its ecosystem jumped. Fartcoin price has risen by 455% from its March lows, bringing its market cap to over $1B. Other popular tokens like Bonk and Dogwifhat have also jumped. This growth has led to increased activity in its DEX networks, such as Raydium, and higher fees.

Solana price has also jumped as two Wall Street firms have raised capital to accumulate it: Janover and Upexi. Janover has already spent over $20M and is expected to spend $42 million in its acquisition spree. Upexi aims to raise capital and acquire SOL coins and replicate MicroStrategy’s approach.

Crypto professionals on X are optimistic that the Solana price will continue to grow. Christiaan, a popular pro, pointed to the fact that it has formed a giant falling wedge pattern. He expects it to keep rising and ultimately hit $250.

The value of SOL may also surge because of Paul Atkins, the new SEC chair who may decide to accept its ETFs. Unlike Gary Gensler, he may also accept these ETFs with staking features.

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