Bitcoin ETF Issuer Franklin Templeton Bullish On Solana (SOL), Foresees It As 3rd Largest Crypto
Summary
Solana (SOL) has surged by over 560% in 2022, becoming the fifth largest cryptocurrency with a market cap of $67 billion. Franklin Templeton anticipates further growth for Solana, citing its strong position in the crypto market and the network's increased total fees and decentralized exchange volumes. The report highlights Solana's potential to capture upcoming trends in the crypto space, with expectations of additional airdrops and continued meme coin activity. SOL has seen a 21% increase in the last seven days, attempting to consolidate above the $150 level.
