While other networks struggle with high fees and slow transactions, Solana continues to prove that speed and scalability are the foundation for the mass adoption of crypto.
In recent weeks, the SOL ecosystem has shown incredible resilience. Let's figure out why all eyes are now on this coin.
🔥 Why is Solana dominating?
Meme-coin mania: Platforms like Pump.fun and Raydium continue to generate insane trading volumes. Solana has become the main hub for retail investors.
Institutional interest: We see how major players are increasingly choosing SOL for their products. The stability of the network has significantly improved compared to previous years.
DeFi and Airdrops: Projects in the ecosystem (Jito, Jupiter, Kamino) continue to stimulate user activity, creating a constant demand for purchasing SOL for gas and staking.
📈 Technical view
SOL is currently trapped in an important price channel. Securing above the resistance level could open the way to the psychological mark that everyone dreams of. But let's not forget about the risks: the market is currently very sensitive to the movements of the 'big brother' — Bitcoin.$BTC
My plan: I keep the majority of SOL in staking to earn passive income, and I leave some liquidity to hunt for new gems in the ecosystem.
👇 Your opinion?
Do you believe that in this cycle SOL will be able to surpass ETH in trading volumes on decentralized exchanges (DEX) on a continuous basis? Or is it just a temporary hype on memes?
What price do you expect for SOL by the end of spring? Write in the comments! 👇
