Solana (SOL) has shown a consistent upward trend, stabilizing around $136 and reaching an intraday high of $136.46. Despite a recent peak of $151.41 earlier this week, SOL couldn’t sustain that level, dropping to $129.00 before recovering.
Currently trading above $134.00, Solana boasts a substantial 24-hour trading volume of $1,977,382,123 and has increased by 2.33% in the last 24 hours.
This recent movement aligns with Pantera Capital’s positive forecast, comparing Solana’s architecture to Apple’s macOS and highlighting its potential for significant growth.
Such insights contribute to a favorable Solana price prediction, suggesting SOL could emerge as a leading player in the blockchain ecosystem.
Pantera Capital believes Solana (SOL) is set to lead the blockchain sector, much like Apple’s breakthrough with macOS in the desktop market. Their report highlights Solana’s monolithic architecture, which ensures a seamless user experience, faster innovation, and better security.
#Solana's rise in #decentralized exchange (#DEX) volume surged to 60% in May 2024, likened to Apple's #macOS for its integrated architecture optimizing #blockchain performance, according to #Pantera Capital.
From 0% early 2021 to 24% by May 2024, Solana's market share reflects… pic.twitter.com/ImMufVyQXk
— TOBTC (@_TOBTC) June 21, 2024
Pantera’s bullish outlook and comparisons to macOS could boost Solana price prediction, indicating strong confidence in its future dominance and technological edge over competitors like Ethereum.
Canadian crypto asset company 3iQ has applied to launch the Solana Fund ETP in Canada, aiming to provide investment opportunities in SOL and staking income. Despite peaking near $210 in the past 6 to 8 months, SOL struggled to