SOL Price Analysis: Solana (SOL) Blasts To New All Time High, Time to Book Profits?

in Steem Links3 years ago

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Time to Book Profits Or Hold?
Solana price has been one of the strongest coins in the top 100 over the past month. Prices have surged off the July 20th low of $22 to nearly $95 in only a months time. This rally was sparked by BTC & ETH breaking out of their multi month trend lines. Many have been wondering what’s behind this explosive run on SOL price as the majority of coins have still yet to break over their previous all time highs. Just over the last week, a digital asset fund announced it would be offering a registered Solana fund to institutional investors. Just a day later, data feeder Pyth Network announced that it is going live on Solana’s proof-of-stake blockchain. Both of these announcements surely helped SOL blast towards a new ATH.
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