Potential for $100 Sol

2023年1月18日

All eyes on Solana right now. After bottoming around $8 due to the FTX catastrophe, Solana has ripped back to ~$23. Fundamentally, I do not know what the future holds for Sol/Solana. However, the chart is at a very intriguing level. If the price can manage to break higher from here it looks like it could be breaking out of a year long down trend. The chart has been up only since Jan 1, so a pullback would not be surprising.

Keep an eye on this. The potential for outsized returns could be possible if BTC manages to hold and Solana ( the blockchain ) finds a way to survive without SBF and FTX.