- SOL ($160.08) was showing strong signs of life, with its TVL nearing a new ATH ($0.02) and bullish performance across key internal metrics.
- All signs pointed to continued momentum, but….
If there’s one coin that’s grabbing attention this new year, it’s Solana [SOL]. After a tough month-long downtrend from its ATH of $264, HODLers’ patience is finally starting to pay off. Solana has surged back into double digits, bringing its price back to mid-December levels.
There’s still more ground to cover. The recent $1 billion in stablecoin liquidity is being absorbed. Solana’s Total Value Locked (TVL) is now nearing $12 billion.
Clearly, the foundation for a breakout is forming. A strong push past $220 could signal a more sustained recovery.
Yet, external market trends could throw a wrench in these plans. But with SOL’s impressive performance across internal metrics, can Solana defy the odds and hold its ground?
Solana’s tech is powering SOL’s comeback
Statistically, SOL only needs a 20% push to reach its ATH. With its impressive resurgence this New Year, many might think that’s a walk i...
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