💲 Solana (SOL) Will SOL 2X To $80?

In the world of crypto, it's been making waves recently, and here's why you should pay attention:

Weekly Chart Surge: SOL has been one of the top performers, hitting new 2023 highs. From breaking the $32 resistance level in late October, it's now trading at around $43. The upward trend seems promising!

Leading the Buying Wave: Coinbase and Binance are at the forefront of this SOL surge. Coinbase has bought over 2.2 million SOL, with Binance close behind at 2 million. These exchanges are funneling liquidity into SOL, and it's clear that demand is rising.

Cumulative Volume Delta (CVD): This metric measures the difference between buying and selling volume, and it's showing a rising trend for SOL. This could mean the uptrend continues.

Market Cap Leader: SOL has climbed to the seventh position in the market cap rankings, surpassing Cardano, Dogecoin, and Tron. There's a significant gap between SOL and the eighth project.

🤝 Partnerships and Features: SOL's growing demand is partly due to investor confidence and strategic partnerships by Solana Labs. They are pulling in more capital, and this could be just the beginning.

FTX Transfer: On November 6, FTX transferred 750,000 SOL to Binance and Kraken. While it's not confirmed if they sold, this move did cause a slight price retracement.

So, what's next for SOL? Some believe it could double to reach $80, a critical resistance level, as indicated by the weekly chart.

Keep an eye on SOL, as it continues to gain attention from investors and institutions. The crypto market is heating up, and SOL is right at the center of it! #solana #crypto2023 #cryptocurrency #BTC #vikasjangra