Solana Price Enters Launch Zone, Next Stop Could Be $300 While This Viral Altcoin Could Pump 29,050% Post Listing
The post Solana Price Enters Launch Zone, Next Stop Could Be $300 While This Viral Altcoin Could Pump 29,050% Post Listing appeared on BitcoinEthereumNews.com.
The race for the top gainer in the crypto market for the bull run of 2025 has begun. Solana (SOL) has been a constant performer and is preparing for the same this year. After a nearly two-month consolidation, the Solana price is close to breaking the descending trendline. This breakout could launch SOL to the long-awaited target of $300. Meanwhile, the low-cap gem DTX Exchange (DTX) has been a standout since its presale launch. Due to the rapid development of the ecosystem and revolutionary offerings in the trading sector, DTX Exchange has stolen the spotlight from market biggies. Early project investors are enjoying a 600% return; however, this is nothing compared to the future projection. Analysts believe that after its Binance listing, DTX could surge by nearly 30,000%. Solana Price Prediction: Market Cap Reaches $100B, What’s the Next Target? The Solana price has gathered momentum, reaching a high of $217 as the market forms a reversal. After a parabolic rally in November, it started the downtrend and dropped 33% to support of $176. After the plunge, the Solana price attempted a reversal but failed to get any follow-through. However, the current reversal has seen good traction and support from positive market sentiments.Courtesy: TradingView In the last 24 hours, the Solana price has surged by over 1.62% and now trades at $220. Due to this reversal, it has been rejected from the $215-$222 resistance zone due to increased supply. On January 6th, the Solana price faced selling pressure from the same level. Market optimism and ecosystem growth development could push SOL to $300, but before that, it needs to clear the $250 level. President-elect Donald Trump reportedly favors an “America-first” policy for establishing a national crypto reserve, emphasizing the digital assets that result from U.S. innovation. This strategy encompasses cryptocurrencies like…
Filed under: News - @ January 18, 2025 11:27 pm