Since hitting a low of 125 USD on June 22, Solana’s price has jumped 70%. Currently trading at approximately 216.87 USD, it could soar to 300 USD if it breaks the resistance level at 220 USD.
The total value locked on Solana has exceeded 12 billion USD, indicating growing investor confidence. Additionally, trading volumes for Solana-based memecoins surged by 73%, enhancing network activity.
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