The post SOL Price Jumps With Cathie Wood’s Bullish View On Solana! appeared first on Coinpedia Fintech News
With the approval of the Bitcoin Spot ETF approaching, the crypto market is highly bullish and widely welcomes any positive news. Recently, the CEO of ARK Invest, Cathie Wood, boasted of the speed and efficiency of the Solana blockchain, driving the SOL price higher.
Cathie highlighted that Ethereum, the biggest altcoin, came as a cheaper and faster alternative to the dominant Bitcoin. However, in recent times, the Solana blockchain has come as a better alternative and may soon replace Ethereum. With such bullsih views, the Solana price prediction teases a bull run in SOL prices.
Source – TradingView
Following the channel breakout and the parabolic recovery trend in the SOL price, the buyers are lining up to fuel the uptrend. Crossing above the $50 mark, Solana price continues the high speed breakout rally with a surge in trading volume.
Source – Tradingview
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