🚀 Solana (SOL) remains unstoppable, trading close to $60, with an increase of 40% in one week and 300% annually, becoming the 6th largest cryptocurrency with more than $25 billion market capitalization. Factors that influence its price:
- Market sentiment
- Technological developments
- Regulatory environment
- Market trends
- Competence
- Economic factors
Institutional demand is also driving its value, with Grayscale's Solana Trust listing SOL at $328, indicating a strong preference among wealthy investors for safe and convenient methods of acquisition. Do you think it will continue to rise? Comment! 💬