Solana Price Prediction: SOL rose to 176.40 USD—can this L1 outperform as ETH and BTC gain ground?

As of now, Solana (SOL) is priced at 176.40 USD, with a trading volume of 4.86 billion USD and a market cap of 91.78 billion USD. This increase reflects strong investor confidence, particularly as Ethereum and Bitcoin gain traction.

Jupiter Lend, a new lending protocol, and Kraken’s tokenized stock trading on Solana showcase the network’s growth. Technical analysis supports a bullish sentiment, indicating potential for further price increases.

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