Solana Poised For Major Upside: Analyst Predicts 47% Surge After Price Breakout
Summary
- Solana (SOL) has surged 4.5% to $99, aiming to reclaim the $100 milestone. - Analysts suggest a potential 47% rally if SOL breaks above $106, targeting $150-$165. - SOL's market cap quadrupled in Q4 2023, surpassing tokens like ADA and XRP. - Solana's DeFi TVL grew by 303% QoQ, reaching $1.5 billion, and NFT volume increased by 356% QoQ to $4.8 million. - The average daily spot DEX volume on Solana grew by 1,116% QoQ to $359 million.
