Here’s when Solana could hit $200

CoinMarketCap05-19

Solana’s native cryptocurrency, SOL, has surged over 17% in the last week to reach around $171 at press time. The cryptocurrency‘s monthly returns stand at around 30%, outperforming most big-cap ...

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The cryptocurrency‘s monthly returns stand at around 30%, outperforming most big-cap ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6648f4b4e980f53b544ac70f/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s when Solana could hit $200</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s when Solana could hit $200\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-19 02:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/6648f4b4e980f53b544ac70f/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Solana’s native cryptocurrency, SOL, has surged over 17% in the last week to reach around $171 at press time. The cryptocurrency‘s monthly returns stand at around 30%, outperforming most big-cap ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6648f4b4e980f53b544ac70f/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"ClearShares Piton Intermediate Fixed Income ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/6648f4b4e980f53b544ac70f/","article_id":"2436318056","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/5f88109b193344449c74969c8e4f3bf0.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2436318056","pubTimestamp":1716057263,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Solana’s native cryptocurrency, SOL, has surged over 17% in the last week to reach around $171 at press time. The cryptocurrency‘s monthly returns stand at around 30%, outperforming most big-","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTC":"ClearShares Piton Intermediate Fixed Income ETF"},"translate_title":"这就是索拉纳可能达到200美元的时候","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1},"content_text":"Solana’s native cryptocurrency, SOL, has surged over 17% in the last week to reach around $171 at press time. The cryptocurrency‘s monthly returns stand at around 30%, outperforming most big-cap crypto rivals, including Bitcoin (BTC). \nThis strong performance has fueled optimism that SOL could soon target the $200 mark.\nThe uptick in SOL’s value can be attributed to several factors, including bustling meme coin trading, strong stablecoin volumes, and decentralized finance (DeFi) activity. \n\n\n\n \n\n Picks for you\n\n\n    XRP price prediction for May 31 as Ripple records Q1 impressive growth 51 mins ago\n\n\n    2 cryptocurrencies to reach $50 billion market cap in the first half of 2024 3 hours ago\n\n\n    We asked ChatGPT-4o what will be Solana price at the end of 2024; Here’s what it said 4 hours ago\n\n\n    Bitcoin surge incoming? Tether mints another $1 billion USDT  4 hours ago\n\n\n\n\n\n\n\nAdditionally, declining U.S. bond yields indicate a growing appetite for riskier assets like crypto.\nMoreover, Robinhood has broadened its crypto services to Europe, launching its first crypto-staking product. This new feature allows European customers to stake Solana through the app for a 5% yield.\nThis move has boosted investor confidence in Solana, highlighting its potential and stability.\nRising interest in Solana NFTs\nIn a significant shift within the decentralized exchange (DEX) sector, Solana has recently outpaced Ethereum (ETH) in daily trading volumes, sparking discussions about its potential to challenge Ethereum’s long-established dominance in the cryptocurrency market.\nSolana has seen a notable increase in first-time wallets interacting with its NFTs over the past week, particularly within top collections. \nData from Tiexo shows a slight uptick in Solana NFT volumes, primarily driven by these collections. The number of unique wallets has risen by 159% over the last seven days, reaching about 180,000. \nThe most significant growth came from first-time wallets, which surged by over 39% to exceed 56,000. \nThis increase in activity indicates a growing interest and engagement in the Solana NFT ecosystem, underscoring the platform’s expanding appeal among new users.\n\n\n\nI am a believer that $SOL potentially gets back to ~$200 by end of month.Would be a complete reversal on the monthly timeframe and a signal that $SOL is ready for ATH.Patience. pic.twitter.com/nhSll7unvd— Daniel Cheung (@HighCoinviction) May 16, 2024\n   \n\n\nChoung pointed to forthcoming network enhancements, such as the highly anticipated Firedancer, a secondary chain client created by Jump Crypto designed to boost the network’s efficiency, as key factors driving this optimism.\nSolana price movements\n\nSOL 7 day price chart. Source: Finbold\n\n\nCurrently, SOL is changing hands at $171. Analysts predict that a successful breakout could push its valuation close to $190, and an eventual move toward the $200 resistance level is within reach. \nShould the bullish momentum continue, SOL might even hit $250 in the next upward run. Conversely, a market downturn could see SOL retract to the $155 support line.\n If bearish trends prevail, the price may drop to $150, indicating a bearish shift. \nDespite potential setbacks, the current recovery trends suggest that SOL is well-positioned for further gains, pointing to a promising outlook for the altcoin.\nDisclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.\n\nSource: https://thebittimes.com/here-s-when-solana-could-hit-200-tbt88791.html","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.5","shortVersion":"4.22.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2436318056"}