Solana might go big in the coming month

What's in this article

Solana is a little bearish as almost the whole crypto market dips. But this could trigger a very bullish rally as the daily chart suggests.

Solana price today is $171.94 USD with a 24-hour trading volume of $2,473,434,333 USD. Solana is down 9.87% in the last 24 hours, with a market cap of $53,189,829,030 USD. It has a circulating supply of 309,349,258 SOL coins. 

Source: Tradingview

Solana: Analysis

Experts say that growing with some corrections is actually a healthy thing. The same applies to Solana. Solana rose from $40 to $200 between August and September and underwent a correction afterward. It started to gain momentum again in September from $122 and spiked to $260 in November. Solana is currently a correction and can rise to go above $300 in the coming month.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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