Solana’s (CRYPTO: SOL) has surged 21% over the past week, driven by excitement over meme coin launches and anticipation of a futures ETF.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Solana (CRYPTO: SOL) | $244.80 | $119.1 billion | -4.6% | +21% |
Ethereum (CRYPTO: ETH) | $3,208.51 | $386.5 billion | -3.1% | -3.8% |
XRP (CRYPTO: XRP) | $3.09 | $177.7 billion | -2.6% | -2% |
Trader Notes: Crypto trader Jelle predicts “more violent moves” ahead as Solana consolidates near its previous all-time highs.
He views the current correction as a healthy pause after its recent rally, suggesting, “It’s only a matter of time before the next leg higher.”
Meanwhile, trader IncomeSharks warns that Solana memes may face another dip, citing the importance of reclaiming the $272 level for a sustained bullish move.