Solana Price Prediction; Why SOL Will Fall In February According To Crypto Experts. What’s The Hype About Panshibi
The post Solana Price Prediction; Why SOL Will Fall In February According To Crypto Experts. What’s The Hype About Panshibi appeared on BitcoinEthereumNews.com.
Solana (SOL) recently surged after Franklin Templeton announced its OnChain US Government Money Fund on the Solana blockchain. However, macroeconomic pressures and broader market volatility have led to mixed price predictions for Solana, with experts predicting it could dip in February.Meanwhile, Panshibi’s crypto presale is gaining massive traction, positioning it as 2025’s biggest meme coin. With a $10 million cap and a 60-day sale period, early investors can expect a 1,200% price increase before launch and a projected 145,000% surge post-listing. Given the excitement around meme coins and shifting market trends, some speculate that Solana price predictions could reflect renewed investor interest in high-growth altcoins like Panshibi’s SHIBI token, which will debut on Uniswap and top CEXs. Will Solana (SOL) Fall in February? Experts Weigh In on Market Trends Solana (SOL) has experienced significant price swings, recently surging 4.2% following Franklin Templeton’s announcement of launching its OnChain US Government Money Fund on the Solana blockchain. Currently trading below $200, technical indicators suggest Solana must break the $204.51 resistance level to maintain its upward trajectory. Projections hint at a possible climb to $224.79. Additionally, on-chain data shows declining user activity within Solana’s DeFi ecosystem, with daily transactions dropping from a January peak of 71,738 to 23,835. The fading hype around Solana-based memecoins, including the Trump-linked TRUMP token, further pressures the market. Looking ahead, Solana price prediction remains at a critical juncture. While it has defended the $200 support level, analysts suggest a possible drop to $150 before any upward breakout. Technical signals indicate long-term weakness, with bearish divergences in the RSI and MACD suggesting exhaustion. If Solana fails to reclaim the $250 resistance, further declines may follow, making February a pivotal month for its price trajectory. The Hype About Panshibi: 2025’s Biggest Meme Coin Panshibi is a revolutionary crypto project that unites three…
Filed under: News - @ February 17, 2025 5:09 am