Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target

rogerver
2022-10-21 06:56:59

Derivatives data shows institutional demand remains strong for SOL, and on-chain data points to a rally to $250.
The price of Solana’s SOL coin is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and nonfungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end.

johnsonmarkupp
2022-10-21 07:31:11

Solana is amazing how fast it has gone up and of course Solana has also been targeted to reach 250 USD by all investors and this is truly an extraordinary miracle developed by the team of Solana Coin.Traders and investors will all want Solana to increase in value even more because Solana's ecosystem is almost similar to Ethereum and Binance Smart Chain.