Solana is the most popular blockchain on the cryptocurrency market. SOL has been receiving a lot of attention for its remarkable rise in price and progress. CoinMarketcap shows that SOL has seen a consistent price increase, with a rise of nearly 70% within the past month.
Solana’s exceptional price increase is also causing a spike in the number of its users and holders. This blockchain is experiencing a rise in the number of wallets that are active every day, which indicates its rapid growth.
You may also like: Cryptocurrency: Top Three Solana Meme Coins That Could 50x This Bull Season
Solana’s Daily Active Wallets are Increasing
Solana’s unmatched growth can be attributed in large part to the stellar advancement of its ecosystem. It is full of new meme currencies and presale tokens that are boosting the prestige of blockchain. The network’s cost-effectiveness and resilience have helped Solana to gain popularity in the cryptocurrency market.
Solana’s meme currency ecosystem has seen a surge of users flocking to the platform. Solana Floor has reported a rise in the number of daily active wallet users.
For the first time ever, the daily active wallet counts on Solana have exceeded 2 million. This development indicates Solana’s unrivaled popularity with users. It is fueled by the meme currency trend on the blockchain.
Google has amplified the trend. Google’s search metrics have surpassed the normal thresholds, according to the platform.
You may also like: Solana Price Prediction: How High Can SOL Rise This Weekend?
SOL To Hit $250 by When?
The crypto community is curious about the future ascent of Solana due to its excellent advancement in ecosystem. Solana’s potential for leading the market and its promising ideas of network development are strengthening its prospects.
You can also find out more about Per CoinCodexSolana’s 30 day pattern is positive, and could be the catalyst for its price to reach a higher ATH.
Solana’s platform also noted that he may surpass the $250 threshold by March 28th, 2024.
“The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $264.34 on March 28, 2024, gaining 48.28% in the process.”
CoinCodex continues to predict Solana’s fate nextBased on SOL’s weekly price patterns, we can calculate the price rise for a given week.
“The Solana price prediction for next week is between $200.08 on the lower end and $249.34 on the high end. Based on our SOL price prediction chart, the price of Solana will increase by 24.62% and reach $249.34 by March 31, 2024, if it reaches the upper price target. “
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru