Solana (SOL) continues to dominate the crypto chatter with its recent ascent to an 18-month pinnacle, nearly hitting the $70 mark and capturing the gaze of eager investors.
The limelight on the crypto extends beyond its price surge, as DefiLlama reports a noteworthy surge in the trading volume across Solana’s decentralized exchanges (DEXs).
In the span of just a week, the trading volume soared by an impressive 35%, surpassing the significant milestone of $3 billion.
This surge not only underscores the robust performance of SOL but also amplifies the platform’s resonance in the decentralized finance landscape, solidifying its position as a noteworthy player in the crypto realm.
Bullish Forecast For Solana
Simultaneously, a seasoned trader, renowned for accurately predicting Bitcoin’s (BTC) floor price during the bullish surge of 2018, now asserts a bullish outlook for Solana’s future trajectory.
This trader, having demonstrated an astute understanding of market dynamics in the past, anticipates imminent upward surges for SOL, adding a layer of anticipation to the already heightened excitement surrounding the cryptocurrency.
Dropping knowledge to a considerable following of 229,100 on the social media platform X, the pseudonymous analyst Bluntz shares an intriguing perspective.
$sol looking like a series of 1-2s from the…
