Solana Just Hit 110$ a 14x Year Low . Don't Just Blindly Invest. TmRead the Reasons and Upcoming Growth of $$SOL Here 👇

There many indicators in market that predicts the top of attests. These generally compiled with lot of complex algorithm and data. You will find lots of this in any chart aggregators. ( Ex - Tradingview) Solana Price However there is a simple but efficient indicator that also predicts alt coin high, atleast predicted in last Bull run. Whenever are any coins volume surpassed Bitcoins volume and put a number greater than 1 there is somehow a confirmation of overbought. Solana recently Surpassed Bitcoin Volume in Coinbase, let's sink in......Bitcoin vs Coins Volume Bitcoin trading volume can affect other coins in various ways, depending on how it changes over time. Some of the possible effects are:Positive correlation: Bitcoin trading volume can have a positive correlation with other coins, meaning that they tend to move in the same direction. This can happen when Bitcoin dominates the market and attracts more attention and capital from investors and traders. For example, if Bitcoin’s trading volume increases significantly, it may also boost the trading volume of other popular coins such as Ethereum, Binance Coin, Cardano, XRP, and Dogecoin. Conversely, if Bitcoin’s trading volume decreases sharply, it may also drag down the trading volume of these coins.Negative correlation: Bitcoin trading volume can have a negative correlation with other coins, meaning that they tend to move in opposite directions. This can happen when Bitcoin faces challenges or uncertainties that affect its price and adoption, while other coins benefit from its performance or innovation. For example, if Bitcoin’s trading volume drops due to regulatory issues or security breaches, it may also cause a decline in the confidence and demand for other coins such as Ripple, Litecoin, TIA, and ETH. Conversely, if Bitcoin’s trading volume rises due to positive news or events such as Elon Musk’s endorsement or institutional adoption, it may also increase the interest and enthusiasm for other coins such as Polkadot, Chainlink, Uniswap, and Aave.No correlation: Bitcoin trading volume can have no correlation with other coins at all times or under certain conditions. This can happen when there are other factors that influence the price movements of different cryptocurrencies independently of each other. For example, if Bitcoin’s trading volume fluctuates due to seasonal patterns or market cycles that affect all cryptocurrencies equally, it may not have any significant impact on their prices. Similarly, if there are specific events or developments that affect only one coin or a few coins more than others, it may not affect their overall performance.Solana's Last Six Months 🔹Solana’s DEX trading volume shot up by a whopping 54% in just seven days, setting new records.🔹The total trading volume of Solana’s DEX platforms surpassed the $3 billion mark, outpacing even the well-known BSC Chain in 24-hour trading volume.🔹Solana’s DEX platforms have a total value locked (TVL) of over $2.5 billion, making it one of the leading decentralized finance (DeFi) ecosystems on the blockchain.🔹Solana’s DEX platforms offer a variety of services and products, such as lending, borrowing, swapping, staking, farming, yield farming, and more.Solana’s DEX platforms are powered by its high-performance blockchain network, which can process over 50,000 transactions per second with low fees and latency.Top 10 Protocol in Solana1. Marinade Finance (MNDE) $759.26 million2. Jito (JTO) $447.57 million3. Marginfi (MFI) $235.16 million4. Solend (SLND) $145.6 million5. Orca (ORCA) $120.08 million6. Raydium (RAYD) $98.87 million7. Serum (SOL) $76.54 million8. Serum V2 (SOLV2) $64.32 million9. Serum V1 (SOLV1) $52.18 million10. Serum DEX V2 (SOLDEXV2) $40.96 millionTop TVL maker in Solana Solana's Upcoming GrowthSolana has a massive growth catlysts for sure from DeFi to enterprise solutions solana is truly ahead of the competitors. Some of the upcoming catalysts for Solana are:Enterprise adoption: Solana has partnered with Visa, Shopify, and Mastercard to enable fast and low-cost cross-border payments using USDC, a stablecoin that runs on Solana. Solana also offers a cost-effective and speedy solution for on-chain storage, which could attract more institutional users.Firedancer upgrade: Solana developers are working on a major upgrade called Firedancer, which will improve the efficiency and performance of the validator client and the Solana Virtual Machine (SVM). This could increase the adoption of SVM, which is currently less popular than the Ethereum Virtual Machine (EVM).Solana surpassed Ethereum Liquid staking: Solana has a growing ecosystem of liquid staking protocols, such as Marinade Finance, Lido, and Jito, which allow users to stake their SOL tokens and receive liquid tokens that can be used in other DeFi applications. This could increase the demand and utility of $SOL , as well as the security of the network.DeFi and NFT innovation: Solana hosts a variety of DeFi and NFT projects, such as Serum, Raydium, Audius, Star Atlas, and Solana Monkey Business, which leverage Solana’s advantages of speed, low fees, and scalability. Solana also supports interoperability with other blockchains, such as Ethereum, Binance Smart Chain, and Terra, through bridges like Wormhole and RenVM.🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹#Solana is a money machine for crypto traders. From FTX ficasso it did 10x . There was many FUDs about it but it cleared those with ease. It will be interesting to see where solana will headed next year with having so much strong and Bullish bias. Hit The Follow Button For Weekly Alpha Like This 🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹© This composition is not endorsed by any entity; the names mentioned are solely for informational purposes. By stating this, we absolve ourselves of any liability for losses incurred if you invest in this project after perusing our article. This article should be regarded as a source of information, not financial counsel. Please note that this disclaimer is intended to protect both the reader and the author✖️ More Alpha, Join Us, Follow  Us, Share Us ✖️ @Techandtips123  #SolanaInsights