Technical Evaluation and Projections for Solana 🌞
Solana has experienced notable growth, rising from $13 in 2023 to over $250 in December 2024, representing an increase of 1800%.
Currently, its price is around $173.62.
From a technical perspective, the 14-day RSI is 36.5, suggesting neutral conditions.
The implementation of ZK compression in its layer 1 enhances scalability and efficiency; this innovation, along with its low transaction fees, positions Solana as an attractive option for developers and investors.
