#USCryptoWeek Solana's current price is $159.92, with a market capitalization of $87.68 billion. The cryptocurrency has seen a -1.88% decrease in the last 24 hours. Recent developments include¹:
- *Network Update*: Solana's proposed lattice-based hashing system aims to boost network performance but has sparked concerns over potential adverse impacts on light clients and rollups.
- *Price Prediction*: Analysts predict Solana could reach $600 in the upcoming crypto surge, driven by increasing on-chain activity and strong demand for SOL tokens.
- *Technical Analysis*: Solana's price is consolidating within the $180-$200 range, with resistance at $200 and support at $180.
Some experts also predict Solana could hit $300 due to improved market sentiment and network scalability.²