Greg Magadini from Amberdata predicts that SOL may hit 200 USD by the end of May 2025. For this to happen, SOL must overcome resistance set at 160 USD, a key hurdle in its price rally.
SOL’s call options are gaining appeal due to reduced implied volatility. The performance of SOL is outpacing Ethereum (ETH), and the SOL/ETH ratio has been increasing, indicating a positive trend for SOL over recent months despite existing challenges.
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