Solana (SOL) has recently broken the $100 resistance for the first time in over a year and a half since Terra’s collapse.
The collapse brought SOL from ATH of $260 in 2021 to the $20 mark throughout the whole of 2023. However, things are finally going in Solana’s favor again…
SOL has to thank for its $100 rally mainly to the increased trading of dog-themed meme coins and airdrops on Solana’s platform.
This has raised one question in the community – Will Solana reclaim its ATH and surge to $250 in 2024?
Let’s check out the details.
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Solana Beats ETH in Trading Volumes – Can It Soar to $250 in 2024?
We mentioned the increased meme coin trades on Solana’s network – well that has resulted in SOL outpacing ETH in the 24-hour trading volume.
For a moment ETH’s trading volume stood at 4.68 billion USDT while SOL achieved 5.56 billion USDT. Which goes in line with…
