Solana’s stablecoin market cap recently reached 13 billion USD, reflecting strong bullish sentiment. With a 156% increase in stablecoin supply, SOL holds substantial potential for growth.
Despite facing a recent pullback, SOL has formed a bullish flag pattern, suggesting a target around 220 USD. The necessary support level is critical, with SOL needing to maintain between 120 to 130 USD for further upward movement.
Leave a Reply