Solana’s (CRYPTO: SOL) has surged 21% over the past week, driven by excitement over meme coin launches and anticipation of a futures ETF.
Cryptocurrency
Price
Market Cap
24-Hour Trend
7-Day Trend
Solana (CRYPTO: SOL)
$244.80
$119.1 billion
-4.6%
+21%
Ethereum (CRYPTO: ETH)
$3,208.51
$386.5 billion
-3.1%
-3.8%
XRP (CRYPTO: XRP)
$3.09
$177.7 billion
-2.6%
-2%
Trader Notes: Crypto trader Jelle predicts “more violent moves” ahead as Solana consolidates near its previous all-time highs.
He views the current correction as a healthy pause after its recent rally, suggesting, “It’s only a matter of time before the next leg higher.”
Meanwhile, trader IncomeSharks warns that Solana memes may face another dip, citing the importance of reclaiming the $272 level for a sustained bullish move.
Full story available on Benzinga.com