Solana: Can SOL Reach $200 in March 2024?

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Solana (SOL) not too long ago surpassed the $140 mark, reaching an nearly two-year excessive. The favored cryptocurrency final examined this degree in April 2022. SOL was one of many best-performing cryptocurrencies of 2023, and the asset appears to proceed its bullish trajectory from final 12 months.

SOL has rallied by 4.9% within the day by day charts, 12.7% within the weekly charts, almost 32% within the 14-day charts, and 45.3% over the earlier month.

SOL’s newest rally is probably going as a result of Bitcoin (BTC) briefly hitting a brand new all-time excessive. BTC’s value spike, alternatively, might be as a result of elevated inflows into spot BTC ETF (Trade Traded Fund) merchandise.

Will Solana (SOL) hit $200 in March 2024?

Reaching $200 from present value ranges would translate to a development of about 44.3%. In keeping with CoinCodex, Solan (SOL) may hit a most value of $140.04 in March 2024. Reaching $140.04 from present ranges would translate to a development of about 1.05%. Nevertheless, the platform anticipates SOL to hit $158.62 in early April.

In the meantime, Changelly predicts Solana (SOL) to hit a most value of $159.56 in March, which it could attain on the twenty eighth. Hitting $159.56 from present ranges would result in a development of about 15.13%. Changelly doesn’t anticipate SOL to breach the $200 degree until a minimum of July 2025, hitting a most value of $208.23 for the month.

Telegaon, alternatively, predicts SOL to achieve a most degree of $165.16 this 12 months, an increase of about 19.17% from present value ranges. Nevertheless, the platform doesn’t make clear which month SOL may hit this value level. Furthermore, Telegaon, like Changelly, anticipates SOL to breach the $200 degree in 2025, reaching a most value of $204.68 for the 12 months.

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