Solana has enjoyed a sharp rally of about 23% in the last few days. Here’s what’s required for this run to continue further.
Solana Knocks On The Door Of $40 After Rapid Increase
While most of the cryptocurrency has been flat in the last few days, Solana has decoupled from the pack and has shown some impressive bullish momentum. So far in this run, SOL has managed to near the $40 milestone.
The below chart shows what the cryptocurrency’s latest rally has looked like:
Following this rally, Solana is up about 23% in the past week, which is significantly more than what any of the top cryptocurrencies have achieved in the same period.
The past month as a whole has been a great time for SOL investors, as the asset is up more than 80% in the period. For comparison, Bitcoin only saw a 27% rally in this timeframe.
Thanks to this strong performance, SOL has also managed to improve its market cap ranking recently, as it now sits 7th on the list. This means that the asset is now the sevent
We współpracy z: https://bitcoinist.com/solana-enjoys-23-rally-how-this-run-can-continue/
