Solana’s Performance in 2024: Will it Turn Lower Despite Bullish Outlook?
Solana (SOL) has been one of the most promising cryptocurrencies in recent years, with its fast and efficient network alternative attracting developers of decentralized applications and decentralized finance solutions. However, despite a successful 2023 that saw the blockchain grow exponentially in transaction volume and price, Solana’s performance in 2024 has left investors concerned. With SOL’s prices down by 9% in the last week and 5% in the past day, changing hands at $96.03, many are wondering if Solana will turn lower. Despite these declines, analysts hold a bullish outlook for the blockchain network, but they also believe that other projects, such as Pushd, have the potential to outperform Solana.
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