Solana Gleams 30% In Last 7 Days As SOL Bulls Try To Break $21 Barrier

Solana Gleams 30% In Last 7 Days As SOL Bulls Try To Break $21 Barrier


Solana native token SOL has been on a tear since the start of the year. But the token might be on its way to test its support as it faces rejection. 

Recent on-chain developments contributed to Solana’s climb. But with the rejection, can SOL regain its bullishness? 

Solana Keeps Things Aglow

Trending: BREAKING: Brunson Brothers Case Is Back On!

The Solana ecosystem is touted as an “Ethereum killer” as it rose in prominence due to its low transaction fees and its capability to go through thousands of transactions per second.

Sam Bankman-Fried, former CEO of the now-defunct crypto exchange FTX, called the ecosystem “underrated” last year. 

This connection with SBF and FTX led to both the ecosystem and the token to take a plunge, losing nearly half of its value.

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