Wave C ended at $185, although there was a further drop to $182 before the return to $193 created a double bottom. However, bears have pushed the price down again today to $183, fortunately not allowing it to go any lower. Later, the double bottom should play out and the price should return to $205. Solana: A new leader in the world of DeFi - TVL reached $9.52 billion. Nansen analyst Nicolai Søndergaard: Solana is destined for growth in 2025 thanks to ETFs and retail investors. Solana's appeal stems from the expectation of profits. Many people think that this cryptocurrency is cheaper than others," Søndergaard explained. Short-term price fluctuations are often driven by narratives. In 2025, Solana could remain a serious competitor to Ethereum, considering the expected upgrades of both networks, according to the Fidelity report.
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Wave C ended at $185, although there was a further drop to $182 before the return to $193 created a double bottom. However, bears have pushed the price down again today to $183, fortunately not allowing it to go any lower. Later, the double bottom should play out and the price should return to $205.
Solana: A new leader in the world of DeFi - TVL reached $9.52 billion.
Nansen analyst Nicolai Søndergaard: Solana is destined for growth in 2025 thanks to ETFs and retail investors. Solana's appeal stems from the expectation of profits. Many people think that this cryptocurrency is cheaper than others," Søndergaard explained.
Short-term price fluctuations are often driven by narratives. In 2025, Solana could remain a serious competitor to Ethereum, considering the expected upgrades of both networks, according to the Fidelity report.
Profit for everyone, friends!