2024-11-08 00:57
IndustrySolana Price Forecast
Solana price today: $176
Solana price corrects from Tuesday’s high above $183 after rallying alongside Bitcoin.
The number of unique active wallets has doubled in the past five days, according to on-chain data.
SOL could gain nearly 9%, breaking above the $190 level, according to technical indicators.
Solana (SOL) loses 2% on Wednesday, putting an end to a four-day rally fuelled by Bitcoin’s (BTC) sharp rise to almost a fresh all-time high. Despite the correction, the outlook for SOL remains positive, on-chain data and technical indicators show, adding to the chances that the recent uptrend could continue toward $190.
These catalysts could push Solana higher
On-chain metrics such as the volume of SOL traded, the number of transactions and the number of unique active wallets (UAW) have increased in the past five days, according to data from DappRadar.
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Solana Price Forecast
| 2024-11-08 00:57
Solana price today: $176
Solana price corrects from Tuesday’s high above $183 after rallying alongside Bitcoin.
The number of unique active wallets has doubled in the past five days, according to on-chain data.
SOL could gain nearly 9%, breaking above the $190 level, according to technical indicators.
Solana (SOL) loses 2% on Wednesday, putting an end to a four-day rally fuelled by Bitcoin’s (BTC) sharp rise to almost a fresh all-time high. Despite the correction, the outlook for SOL remains positive, on-chain data and technical indicators show, adding to the chances that the recent uptrend could continue toward $190.
These catalysts could push Solana higher
On-chain metrics such as the volume of SOL traded, the number of transactions and the number of unique active wallets (UAW) have increased in the past five days, according to data from DappRadar.
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