Solana Weekly Forecast How High Can SOL Rise This Week

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Source: Niu Guluyao


In this bull market, Solana has fully demonstrated its courage and swept the cryptocurrency world. The token has soared to a new high, breaking past key indicators and setting a new high of $250. The token is currently trading at $135, but as the weekend approaches, how high will SOL’s trading price be this week?
Solana vs. Ethereum


The two leading tokens in the market, Solana and Ethereum, are currently in fierce competition. According to a recent post by Solana Floor, Solana’s performance in 24-hour dex trading volume is better than Ethereum.


At the same time, the cryptocurrency trading volume has also exceeded the $300 billion mark, adding another milestone to its latest achievements.


Solana’s current stock price is $135, down 7% in the past 24 hours. As Bitcoin hits the $60,000 mark, the frenzy around altcoins seems to have waned; however, the enthusiasm for SOL’s new high still echoes within the crypto community.
Solana (SOL) Weekly Forecast
According to CoinCodex data, Solana is likely to retrace its trend and trade at an average price level of $140. According to CoinCodex data, SOL could reach a price level of $141 on July 8, reaching a peak of 0.89% in the process. By July 10, the token could reach $142.
“The future 30-day Solana price forecast is based on predictions of positive and negative trends over the past 30 days. According to these Solana forecasts, SOL will change hands at a price of $142.31 on July 10, 2024, rising 0.81% in the process.”
Meanwhile, as predicted by the portal, by the end of July 2024, the token’s price will reach $162.
“Based on our current forecasts for Solana’s price, it is expected that by August 2, 2024, Solana’s price will rise by 16.37% to reach $164.27. According to our technical indicators, the current sentiment is bearish, and the fear and greed index shows as 50 (neutral). Solana has recorded 15/30 (50%) green trends in the past 30 days, with a price volatility of 8.46%.
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