Solana has lately been performing exceptionally well in the cryptocurrency market. The token is up 12% in the last 24 hours, hovering at $188.
Per CoinMarketcap, Solana spiked nearly 70% in the last month, driven by strong community sentiment and the presale projects frenzy on the network.
Also Read: Solana: SOL Forecasted To Surge 401%, Here’s When
Solana Leads Market Interest, Bags “The Most Dominant Blockchain Network” Title
Solana’s remarkable price trajectory is fetching new milestones for the network. Solana has recently been dubbed as the most dominant Blockchain network of 2024 by Coingecko.
Coingecko rankings were based on global traffic metrics that the blockchain systems encountered from January to March 2024. Later, Solana was crowned as the ultimate winner among its contemporaries. The network has defeated giants like Ethereum and BNB Chain to bag the title of being a robust Blockchain network driven by 49% of market interest.
BREAKING: @solana ecosystem becomes the Dominant blockchain ecosystem of the year, securing 49.3% of global crypto investor interest in chain-specific narratives – @coingecko report pic.twitter.com/zKmHGvFnY3
— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 21, 2024
Also Read: From 2 SOL to $260K: Trader’s 704x Gains Stuns Investors
Solana Weekend Price Prediction
With a stellar market momentum and price ascent, Solana is currently leading the crypto market pace. The token is poised to gain a significant positive price ascent soon based on its current price pace and movement.
According to CoinCodex, Solana may soon claim its $200 mark. The platform predicts the token to cross $250 by March 26, 2024
“The SOL price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $ 283.53 on Mar 28, 2024, gaining 48.08% in the process.”
Similarly, the platform forecasts SOL to touch a new ATH by March 24 given that the token continues to ride the current market wave.
“According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 78 (Extreme Greed). SOL recorded 18/30 (60%) green days with 21.07% price volatility over the last 30 days.” The platform reiterated.
