Solana predicted to be eyeing 200% price rally
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He also explained that the market will be scaling out aggressively once SOL breaks above its all-time highs . Jelle concluded his tweet by predicting that the final target of Solana will be the $600 mark. This will indeed be a Based on rough estimates, the SOL price will have to rally above 200% from its current levels to claim the $600 price target. While it may seem a daunting task, historic patterns suggest that it can be achieved. For instance, the Solana price has rallied around 642.
Consequently, a 200% price rally does not seem a far-fetched idea, and it is likely to be achieved in the future. Meanwhile, Solana is currently trading at $182.04, after an increase of 0.83% in the last 24 hours. The price has rallied 29.16% to achieve the current levels over the last 30 days.suggest that SOL has remained in a bullish trend, and despite the ongoing volatility in the market, it has managed to sustain it.
While Jelle’s Solana price prediction may sound outlandish, all these figures really support this narrative. It may take some time, but it is likely that the SOL price is now eyeing a new all-time high. Only time will reveal when and how it is going to happen.With over three years of immersive experience in the crypto industry, Mushumir is a seasoned crypto writer dedicated to unraveling the complexities of blockchain technology and decentralized finance.
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