Solana Price Forecast: SOL Targets $200 On Soaring $4.68B DeFI TVL

Quick Summary:

Solana, a Layer 1 blockchain known for its high speed and low transaction costs, has witnessed a significant uptick over the past 24-hour period following the market recovery.

Solana price is currently at $153 during European trading hours, making a surge of 6%.

The Relative Strength Index (RSI) has surged to 77, signaling a strong buying momentum after approaching the overbought territory, which typically suggests a potential for a market correction or pullback.

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Article Details

Category: Crypto

Markets: India

Topics: Solana (SOL) Solana Price Forecast Price Analysis Solana altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 11:01:28 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 522 words

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Sentences: 51 lines

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Copyright Owner: © CoinGape

News ID: 21626517

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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