The Shining Future of Bitcoin and Solana.
#Bitcoin price started December above $38,400 and is predicted to reach new highs with the rapid increases that altcoins like Solana have experienced in recent months. Particularly for Solana, important developments such as positive divergence expectations and interest rate cuts are expected in the coming year.
Solana's market inflows have exceeded $360 million, and with the slight recovery in the #SOL Coin price, price increase expectations are strengthening. The announcement of the spot Bitcoin ETF approval, expected in January, also raises hopes.
#SOL Coin price is currently hovering above $60 and has seen major gains since the low of $8 in November. Investors' hopes of reaching $260 are being revived, and it is observed that Solana has not deviated much from the $100 path, despite minor fluctuations in recent weeks.
To see triple-digit prices, the bulls need to consolidate the $62 support level and make a break above $70. Additionally, although the activation of the EURO trading pair for #SOL and #XRP Coin has not yet had a major impact, the total locked value on the Solana network has reached the level of about a year ago.
The total locked value is currently $674 million and breaking the $1 billion threshold would strengthen bulls' belief in a real comeback. A TVL above $1.2 billion may justify the positions of investors targeting prices above $256.
$BTC $SOL