📈 Solana Shows Strong Growth
Solana ( $SOL ) has rebounded above $234, gaining 2% in the past 24 hours. Analysts believe SOL is undervalued, especially as it surpasses Ethereum in app revenue and network activity.
💰 Solana Surpasses Ethereum in App Revenue
SOL generated $18.01M in daily app revenue, compared to Ethereum’s $3.54M. Monthly protocol revenue also exceeded ETH, marking a historic shift in blockchain dominance.
📊 SOL Needs to 3.34x to Match ETH
Ethereum’s market cap stands at $378B, while Solana’s is $113.5B. If SOL reaches ETH’s valuation, its price could surge to $778, signaling massive growth potential.
🔍 Solana Price Analysis
Resistance: $250Support: $230, $200
RSI: 43 (neutral-bearish)
A break above $250 could push SOL to $300, while dropping below $230 may lead to $200 support.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)