Solana (SOL) Price Eyes Two-Year Breakout Above $150, Next Stop $500?

Solana (SOL) Price Eyes Two-Year Breakout Above $150, Next Stop $500?

Despite heavy market volatility, the Solana (SOL) price continues to inch forward gaining an additional 5% and moving all the way to $145. SOL currently faces a major rejection at $150, a level not seen in over the last two years.
Solana (SOL) Price Eyes A Two-Year Breakout
As Solana (SOL) inches closer to the significant threshold of $150, excitement brews among crypto enthusiasts. According to insights from on-chain data provider Santiment, this potential milestone marks the first time since January 16th, 2022, that Solana has approached this price level.
Crowd sentiment surrounding Solana appears to be leaning slightly bullish, considering its position as the 5th largest cryptocurrency by market capitalization. However, analysts note that the sentiment lacks the fervor often associated with the fear of missing out (FOMO), which could potentially dampen a rally.
Historically, doubt has served as a catalyst propelling prices higher in the cryptocurrency market. As Solana’s price sta

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