The Trajectory of Solana (SOL) in 2024: A Closer Look
As we enter 2024, the cryptocurrency market eagerly awaits the trajectory of Solana (SOL). In recent times, SOL has shown significant growth followed by a period of correction. The moving averages of SOL’s price chart indicate a strong bullish trend, with the price consistently staying above these indicators. However, a recent pullback suggests a phase of consolidation. This retracement is expected after the substantial appreciation of the asset and profit-taking from venture capitalists (VCs).
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