Recently, Solana price has attracted the attention of investors due to various developments in the markets. However, looking at its seven-day and one-month performance, we can say that the cryptocurrency performed poorly compared to previous months. Despite this, one of the well-known cryptocurrency analysts thinks that Solana will reach $ 330 in the coming days.
Solana Price
The crypto market has recently witnessed a strong rally, especially as Donald Trump’s election victory contributed to market optimism. Solana price also continued its upward trend along with other leading altcoins, showing increased interest in cryptocurrency in the market.
The anticipation of the Solana ETF launch in the US further strengthens market confidence for SOL Coin. The fact that many institutions have recently applied for the Solana ETF shows that institutional investors’ trust in crypto money has increased. Market experts such as Bloomberg ETF analyst Eric Balchunas predict ETF approval is likely in 2025.
Impact of Solana Meme Coins
Additionally, increased interest in popular meme coins has contributed to the rise in Solana predictions. Prominent Solana meme coins such as FARTCOIN, BONK, POPCAT have garnered significant attention, which could support the price of the cryptocurrency. And this situation may continue to increase.
According to the latest report shared by Glassnode, SOL has consistently maintained a positive net capital flow since September 2023, indicating that the cryptocurrency’s market momentum is positive. Carl announced his new ATH target for SOL Coin.
“Solana’s price is likely to reach $330 in the coming period” – The Moon Carl
Another expert, Captain Faibik, stated that a target of $ 400 for SOL and that further upward momentum could continue. This view is supported by similar predictions in market analyses.
In light of recent developments and expert expectations, Solana’s future price movements remain a matter of curiosity.
Solana’s market dynamics are supported by both institutional interest and meme coins. What investors need to pay attention to in this process is to closely follow market trends and expert analyses.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
