Today we witnessed Solana make a really serious attack and break the all-time high price record.
With the rise, the all-time high price record for SOL has now been updated to $270.67.
With the decline after the record, the SOL price is trading at $255 at the time of writing this article. We shared the reason for the rise with you today as Bitcoinsistemi.com. The new President of the USA, Donald Trump, launched a memecoin and chose Solana as the blockchain network.
However, the cryptocurrency market is still debating how high SOL can go. Andrew Kang, an analyst with numerous past reviews on the subject, shared the price level that SOL could reach in this cycle.
Kang claims that with Donald Trump’s latest move, there could be a potential US Strategic Reserve initiative for Solana. Kang suggested that the price of SOL could rise to $500 this year.
At the time of writing, Solana is trading at $254. If it were to rise to $500, Solana would have a market cap of approximately $250 billion.
*This is not investment advice.
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