Solana’s Price Surge Linked to $314 Million Bridged from Ethereum
- Solana received $314 million in tokens from the Ethereum network over the past 30 days.
- This amount is a record high for Solana, surpassing Ethereum’s layer 2 bridged assets by 463%.
- The increase in bridged assets is seen as a bullish indicator for Solana’s price.
- Solana’s current trading price is $129, down nearly 4% in the last 24 hours.
- Experts suggest Solana could reach $178 if it breaks through its 20-day EMA.
The recent influx of $314 million worth of tokens from Ethereum to Solana marks a significant milestone, with experts predicting potential short-term price increases for Solana based on these developments.
Source (2.6)https://coingape.com/solana-price-eyes-178-following-314-million-bridged-from-ethereum/?rand=24432
