Solana Targets $350 Amidst Market Volatility
- Solana’s price is expected to rally to $350 if it surpasses the critical resistance level of $200.
- The altcoin’s current accumulation zone is between $115 and $190.
- Solana futures trading volumes are steady at $6.5 billion, with $12 million in 24-hour liquidations.
- The Solana blockchain GDP increased by 20%, reaching $1.2 billion in Q1.
- The market cap of stablecoins on Solana surged by 145% to $12.5 billion.
Market analysts are optimistic about Solana’s potential to reach a price target of $350, contingent on overcoming key resistance levels, with the ecosystem showing resilience and growth amid market challenges.
Source (2.6)https://coingape.com/sol-price-eyes-350-if-solana-clears-this-resistance/?rand=24432
