Last time it was over $1 was around March 16,2024,at which point the TVL on the chain was just a bit over $30m. Fast forward to over a year after,the TVL on the chain has grown over 15 times,currently sitting at $485m but the token is still down at $0.19.
Several innovations are on the way though that might push the demand for the token up,but do you think the price will exceed $1 this year?
$SOL pulled back to a key zone ā not random. It tapped into the volume base from the first major breakout of the bullish trend. Classic textbook move ā retrace ā reaction ā bullish structure forming. Exactly as expected (see thread 3/10/24). šÆ