"SOL price could return to $200 by the end of this month? ! 》
Bitcoin hit $67,450 on Friday, with ETH and SOL also rising.
🧬 Solana hit $174, a new high in more than a month, before easing back slightly to $170, up more than 40% from its early May bottom.
🕵️♂️ The co-founder of digital asset hedge fund Syncracy Capital said SOL’s performance in this rally has been incredible. He is increasingly confident that SOL can regain $200 by the end of the month and reach new all-time highs soon. SOL reached an all-time high of $260 at the peak of the bull market in November 2021.
Currently, the total market value of the Solana ecosystem is $224.8 billion, and the 24-hour transaction volume is $64.3 billion. The Solana meme coin has a total market capitalization of $7.7 billion and a 24-hour trading volume of $1.2 billion.
The Solana ecology continues to heat up, and the multi-pronged approach of meme coins and NFTs has made the encryption market realize that this "Ethereum killer" who was once considered the most likely is back?
I personally believe that the meme coin craze on the Solana chain is one of the main driving forces behind its rise.
