Solana (SOL) is following the market recovery, rallying 8.7% in the weekly charts, 9.6% in the 14-day charts, and 14.4% over the previous month. Moreover, SOL is up by a whopping 407.9% since February 2023. Nonetheless, the asset has faced a 3.1% correction in the last 24 hours.
Also Read: Solana (SOL) Hits Record in New Addresses Amid $2B Inflows
Despite the recent correction, Solana (SOL) might be gearing up for another rally. According to crypto analyst Bluntz, who successfully called Bitcoin’s (BTC) 2018 bottom, SOL could be on its way to breaching the $150 level. Bluntz has used the Elliott Wave theory for his forecast.
Reaching…
