Solana (SOL) is gaining traction, trading around $226.74 with positive signs for further growth. Boosted by dApps and NFTs activity, alongside favorable economic trends, SOL is on the verge of a breakout with a $264 target in sight and an optimistic projection of reaching $300.
Solana developers have introduced a proposal to boost the network’s block compute limit from 48 million to 50 million units, aiming to facilitate more transactions while maintaining performance stability. This strategic move is still in draft form but signifies Solana’s dedication to scalability and network efficiency.
XRP surpasses the $2 mark, reaching a high not seen since January 2018, and eclipses Solana in market cap, as Ethereum hits a six-month peak, signaling a bullish trend in the crypto market.
As Solana (SOL) surges past $260, experts anticipate a breakthrough to $400, buoyed by potential ETF approvals and market optimism. Concurrently, JetBolt (JBOLT) captivates whales with its innovative zero-gas tech, hinting at a dynamic shift in the blockchain realm.
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Nubank enhances the crypto trading experience with a new feature allowing users to swap Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Uniswap (UNI) directly for USD Coin (USDC), simplifying the process while planning to add more token pairs soon.
A new Solana-based meme coin, DOGEN, is attracting significant investor attention with promises of 700% presale growth and potential 5,000% gains, while Solana’s native token SOL continues its impressive 23.58% weekly surge.
Solana (SOL) has been witnessing a bullish trend, potentially heading towards the $300 mark, fueled by a broader crypto market surge with Bitcoin hitting new records above $93,000. Technical patterns and strong market performance against Ethereum, alongside positive regulatory shifts and institutional interest, are shaping a promising outlook for SOL.
The NFT market has experienced a significant uptick with sales volume reaching $96.1 million, marking a 16.1% increase, while Bitcoin’s NFT ecosystem surprisingly overtakes Solana for second place following Trump’s election victory and crypto market rally.
Solana (SOL) has achieved a significant milestone by breaking through the $200 price level for the first time in seven months, marking an 8.69% daily gain amid broader crypto market enthusiasm following Trump’s election victory and the success of pro-crypto candidates.
