solana

Solana Price Prediction as SOL Jumps Up 68% in Just Two Weeks – How High Can SOL Go in 2023?

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cryptonews.com

Solana price has upheld support above $20.00 against all odds and on the backdrop of the implosion of FTX, which threatened the survival of the ecosystem.

The first meme coin on Solana, BONK Inu (BONK) had everything to do with SOL’s initial rally that kicked off in late December.

Solana price extended the rally into the New Year as the meme coin hype exploded.In just three weeks, SOL’s value has grown by over 150% to trade at $24.56.

The smart contracts token tagged a new 2023 high of $26.53 but has retraced, possibly because investors are cashing out for profit.Solana price must secure higher support, preferably at $24.00 to give bulls time to build momentum for the subsequent movements to the upside.

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