SOL Price Eyes New Highs as Solana Leads Asia’s DePIN Revolution
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- Solana price is likely to experience an explosive rally in the coming weeks after retesting crucial macro support levels.
- The altcoin’s robust fundamentals support a parabolic rally for the SOL/USD pair.
- Several technical indicators have suggested further upside for SOL price in the midterm.
Solana (SOL) price is well-positioned to rally towards a new all-time high (ATH) soon. As Bitcoin (BTC) price rebounded above $111k on rising calls for capital rotation from Gold and Silver, SOL rallied around 9% in the past three days to trade at about $193 on Monday, October 20, during the mid-London session.
Related: Solana Price Prediction: Analysts See $300 Target As ETF Approval Reignites Bullish Momentum
Why is Solana Price Bullish in the Midterm?
Technical Tailwind amid Growing Volume
According to market analyst Aksel Kibar, if the SOL/USD pair ralli…
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$ 64.06K
+0.07%
$ 213.96
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Predictions Markets
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In This News
Coins
$ 64.06K
+0.07%$ 213.96
$ 0.035
$ 0.000399
$ 0.000603
Predictions Markets
See what traders are focused on
Share:
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