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Solana Stays Bullish and Surpasses the $200 Level -Breaking

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Solana stays bullish, and exceeds the $200 level
  • Never slowed down and has surpassed $200
  • The rally saw a gain of 13% in the 24 hours since.
  • Solana Platform Raising because it’s the best option for DeFi new gamers.

Solana, the sixth-most valuable cryptocurrency in terms of market cap (SOL), beats its competitors. The positive sentiment is spreading to altcoins as well. SOL gained 13% over the past 24 hours, and enticed bulls to its market.

The positive sentiment expressed by crypto traders lately is one of the main drivers for this rally. A record-breaking $66,600.55 high is also being celebrated by investors. At the same time, has crossed the $4,366.09 mark over-optimism of the US’s first-ever Bitcoin ETF launch earlier this week.

SOL currently trades at $202.45. Analysts also say technical resistance is a sign that the market will rise. Overall sentiment is positive for the crypto market. This is because it adds more volatility to any downturn.

In recent months, SOL’s monthly time was quite bullish. Solana reached an all-time high in September at $214.96

Solana could also be able to avoid the current market correction and continue on a strong journey. Because the Solana platform offers the most choice of DeFi players, it is also rising in popularity.

MonkeyBall, a Solana-based game-to-earn company that focuses on play-to earn, announced a successful fundraising campaign to bring in at least $3 million from angel and venture investors. Synchrony Finance is a Solana asset-management protocol. It has received $4.2 Million in strategic financing.

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