Solana (SOL) Continues To Register Notable Gains Daily, Is $50 the Target?

Solana (SOL) Continues To Register Notable Gains Daily, Is $50 the Target?

Solana opened this month on high momentum, consistently posting notable gains over the past few days. SOL scored a weekly high of $45.36 on November 1 before receding. But after a brief decline to the $40 price level, the bulls have regained momentum, intent on pushing closer to $50 this time. But it remains to see if SOL bulls have enough momentum to rally that high.
SOL Bucks All Odds As It Vies For Higher Highs
Despite the high volatility in the altcoin market, Solana (SOL) has refused to back down. The Ethereum killer has continued its uptrend in the past two weeks, making it one of the top-gaining cryptocurrencies today.
SOL graces the top gainers’ list as the fifth-highest gainer in today’s trading session. Solana is trading at $43.23, with over 3% price increase in the last 24 hours.
Solana Bulls have continued to fight off significant sell pressure caused by FTX-related transfers. The crypto exchange is selling millions of crypto assets to pay its debts to customers as it

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