$SOL

1. Market Trend

$SOL price often correlates with Bitcoin and other major cryptocurrencies. If Bitcoin remains stable or rises, is likely to maintain stability or see a slight increase. However, if there’s any negative sentiment or drop in the broader market, SOL's price might be affected.

2. Fundamental Factors:

The launch of new projects or partnerships on the Solana network could push its price upward. On the flip side, any negative news related to network security or stability could have an adverse effect on the price.

3. DeFi and NFT Market:

As Solana is heavily used in the DeFi and NFT sectors, any positive developments in these areas could increase demand for SOL, pushing its price higher.

4. Technical Analysis: If $SOL surpasses the resistance level of 150-155 in the coming days, it could signal a bullish trend. However, if the price falls below the support level of 140, it might experience a slight decline.

#Expected #Price #Range : Over the next week, SOL’s price could fluctuate between $140 and $160, depending on market conditions.

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