In the crypto community, SOLANA is waiting for up to $ 300

SOLANA is quickly restored after a recent fall. Web3 -enthusiast under the nickname Kepin predicted the growth of cryptocurrencies to $ 300.

“I believe that Sol did not even reach its historical maximum at the end of 2021 (then the price was in the region of $ 250-260). So the first target level is $ 250. The next is $ 290-300, and the maximum is $ 350, ”he wrote.

From June 22 to August 29, Altcoin increased by 70%, reaching $ 220 on the background of Ethereum rally. SOLANA failed to keep this level – the price of cryptocurrency was adjusted to $ 200.

However, by the time of writing, the coin again rose to $ 218. Over the past week, the token has risen in price by more than 7%.

One of the growth factors was an increase in the TVL ecosystem – the indicator reached a record $ 12.2 billion. This is 57% higher than the June values.

The greatest contribution was made by the decentralized exchange of Raydium, which jumped 32% per month. Metrics of other large sites – Jupiter, Jito and Sanctum – increased by 24%, 18% and 20%, respectively.

SOLANA ranks second among the largest blockchains, second only to Ethereum.

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Mem-coin

The growth of TVL Solana is accompanied by an increase in activity in the segment of memes. Over the past three months, their total capitalization has increased by 70% – to $ 12.4 billion.

The leading “funny” tokens in the ecosystem showed two -digit growth over the past day. Most of them have risen in price by 15-30% of local minimums.

The resumed excitement around the meme-coin led to an increase in the volume of trading on DEX in the Solana network. In 24 hours, the figure jumped 73% – up to $ 817 million.

SOLANA forecast

Among experts, confidence in SOLANA is growing to update the historical maximum. The cryptocurrency set the last price record at $ 293 in January.

An analyst under the pseudonym Jussy believes that after overcoming the resistance by $ 220, the price of altcoin may rush to $ 270

The cryptotrader under the nickname Crypto General noted that the bull trend SOLANA has been preserved since April. In his opinion, the key level of cryptocurrency support is at $ 190.

“The next goal is in the range of $ 240-260. While the level of demand is held, the impulse remains strong, ”he added.

Glassnode analysts indicated that “Solana continues to be ahead of the entire market.” Against the background of an increase in cryptocurrency price up to $ 200, open interest in SOLTs exceeded $ 7 billion.

Recall that the analyst MexC Research Sean Young predicted the growth of Solana to $ 250 by the end of the year thanks to Alpenglow updating.

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Source: Cryptocurrency

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