Despite the sharp drop in Solana’s price recently, a Pompher analyst estimates that his next price target will be $ 900, in an indication of his long -term positive price capacities.
The price of the Solana currency was seriously affected by the recent wave of decline, and it has lost 15.3% of its value in the last seven days after its sharp increase in July.
Despite this decrease, TED pillows (TED pillows) – with more than 190,000 subscribers from its account on the X -Expectations of the Solana currency price, which could reach $ 900 in the coming months after its drop to $ 140.
This analyst also stressed that activity on the Solana network is still solid, which was supported by blockchain data, so that monthly transactions jumped in July at unprecedented levels within 5 years of 3.5 billion transactions, according to Artemis data.
This represents an Increase of 67% Compared to July 2024 and 17% Compared to June this Year, and the Popularity of Increased Mc Currencies Such as Bonk-Ponk and Pudgy Penguins-Penguins and Fartcoin-Partcoin Are at this Rise in this Rise in this Rise RISE IN THIS RISE IN THIS RISE IN THIS RISE IN THIS RISE IN THIS RISE IN THIS RISE IN THIS RISE IN THIS RISSE In this Rise in This Rise in This Rise in This Rise in this increase in this increase in this increase in this increase in this increase. The notable, such as the progress made by the Capital Canary company to obtain approval to create a Badji Benglin currency negotiation box on the Stock Exchange (ETF) a strong increase in MEM currencies based in MI.
In addition, the launch of the Solana ETF Trading Fund-which provides revenues on mortgage materials The scenario of the high price of Solana currency with the possibility of accelerating the pace of institutional and popular adoption in the coming months.
Expectations of the Solana currency prices; Are you going to continue to decrease before the next increase?
Given the graphic plan for the performance of the Solana currency, we find that the reaction of its price was positive after reaching the region of $ 156, which is an interesting response to the support line of the main management, which confirms its importance for market players.
In addition, the RSI index is currently under the midfield near the surplus sales area, coinciding with the reversion of the management support line, which would improve the positive prices of Solana currency in the short term.
Despite the possibility of a deeper drop, the future prospects for the price of Solana currency appear in the long term promising in the middle of the first signals to be removed from this main line. And what seems to reach a level $ 900 Under the moment, but it is not impossible.
If more boxes are launched to exchange the Soliana currency on the stock market in the coming months with increasing institutional investments, this can pay the solana price in the Solana in UnprecedentedAnd can even reach much higher levels, by the end of the year.
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The expectations of the solara-ground part prices with a cutting model, the handle and the last decrease before targeting the level of $ 900 appeared first on Arab Cryptonews.
