Solana Jumps 20% In 7 Days: Why Is SOL Going Up?

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.

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