- Solana price is making a comeback with a V-shaped recovery rally in the works.
- WEN token airdrop and its association with Jupiter DEX’s JUP token provide tailwinds for Solana.
- SOL could extend the climb 15% into the supply zone amid rising momentum and resurfacing bulls.
- The bullish thesis will be invalidated if the L1 token breaks and closes below $89.02 support.
Solana (SOL) price is making a comeback, indicated by a developing V-shaped recovery after a 25% fall that began on January 18. However, this move north hinges on hype around two altcoins built atop the Solana blockchain, making it critical for traders to exercise caution.
Also Read: SOL price could find inflection here as Solana Saga phone presale orders reach 40,000
Solana price recovers on the wings of these two altcoins
Solana (SOL)…
