Solana on the Rise..

In the Crypto market, we have multiple coins that are quite strong based on the fundamentals and if we look at the community then it is also pretty good as it is growing. Community is not always something that we need to focus on instead the overall token economy also needs to be reviewed. For example, if I talk about Bitcoin then there is nothing to worry about because the token economy is completely decentralised and it is the top coin in the market. Usually, the coins that we see in the top 20 or top 30 are very good in terms of the overall token economy.

If I talk about the Solana coin then it is one of the coins in the top 10 according to market cap. It's the fifth-ranked coin in the market as of now which is a big achievement and I think this can be a great opportunity for investors to invest in this coin for the long term. Below is the chart which is for the last seven days and here you can see the price growth momentum. Almost two weeks back the price was in the range of $135 but now it is more than$180 which is a significant growth and looks like soon it is going to make $200.

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We don't know how the price is going to be in the market because it is something that we can predict but looking at the overall price sentiment and the chart moment behaviour can signal that it is on the uptrend. The trend is showing that the Solona coin value can grow further and it might cross the $200 price mark soon.

It is also a valuable project because I have gone through some of the articles in which the ETF possibilities are discussed for the Solana coin. We know that the second spot ETF we are going to have tomorrow and it is for the Ethereum. Having etf in place itself is big news and if Solana can be considered for the same then imagine how much value we are going to get in the market through the Solana ecosystem.

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