$SOL The latest news about Solana (SOL) shows significant volatility. Its current price is around $146, with slight changes over the past 24 hours. Nevertheless, Solana has seen a notable increase over the past thirty days of over 20%.
Recently, there has been controversy surrounding Solana developers fixing a vulnerability that allowed for the creation of unlimited amounts of certain tokens, raising criticisms about the centralization of the network. In contrast, the network is experiencing strong activity, as the number of active addresses, transactions, and trading volume on decentralized exchanges has risen.
There are optimistic forecasts from some analysts predicting Solana's price will reach $200, driven by increased network activity and technical factors. Additionally, Bloomberg Intelligence has raised the likelihood of approval for exchange-traded funds (ETFs) for altcoins like Solana to 90%. The Solana ecosystem is experiencing continuous growth in DeFi and NFT applications.
