$SOL CAN GO HUGE UP MOVEMENT 👇

  1. Solana has dropped nearly 13% over the past month and is holding onto the $160 mark tightly. With memecoin season nowhere in sight, what near-term catalysts, if any, can it count on?

  2. 21Shares crypto research strategist Matt Mena brushes off the short-term price pain and forecasts a small rally soon ahead of Solana’s price doubling by year’s end.

  3. “In the near term, a clean break above the $180 resistance level could open the door for my near-to-medium term $200 target,” Mena tells Magazine.



“I see Solana entering price discovery and pushing above $300 by year-end,” he adds, citing the highly anticipated but much-delayed Firedancer upgrade, which is expected sometime in 2025, and the global rollout of the Solana Seeker phone starting in August.

“I’m bullish on Solana because it’s built for scale and retail,” he adds.

Mena cites the network’s low fees and the upcoming upgrades as key reasons for the firm’s conviction. He says these upgrades are anticipated to increase transaction speeds by 10 to 100 times, significantly improving the network scalability