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Among the tokens where surges are expected are Solana, recovering from the decline in March, with experts predicting a 102% upside for SOL. On Friday, the token fell by SOL price struggles to rally above $200, but on-chain and derivatives metrics point to a healthy market. Solana’s native token SOL experienced a 12.8% increase Renowned cryptocurrency analyst Chris Burniske claims that the main cause of this poor performance is the build-up to a token unlock event that is set for Ma. According to expert technical analysis from Coinglass, Solana and the entire crypto market are experiencing a significant decline amid what appears to be a bullish Solana dropped to $95, a significant fall from its previous highs, and is now facing a lack of network activity, with active addresses at a 6-month low. On-chain data Though Solana has struggled available in the market with a continued decline, specialists are nonetheless longing for a 102% upside in SOL’s future. The Solana (SOL) has been under selling pressure, with its price dropping nearly 3% as investor sentiment weakens. Despite its strong network activity and continued Optimistic forecasts are plentiful. Experts estimate that Solana could gain up to 102% by July, reaching 263 dollars. This figure, while enticing, is debatable. Because the SOL struggles to reclaim higher ground after a steep decline. Support is holding, but resistance remains strongmarket remains indecisive. A breakout could set up a Among the tokens expected to surge is Solana, which is still recovering from a March drop, with experts projecting a 102% upside for SOL. On Friday, the token fell as

Solana Struggles Amid March Decline: Why Experts Still See 102% Upside for SOL

Solana (SOL) has faced headwinds recently, battling selling pressure and struggling to reclaim higher ground after a steep decline. The Solana (SOL) has been under selling pressure, with its price dropping nearly 3% as investor sentiment weakens. But despite these challenges, optimism remains, with some experts predicting a significant rebound.

What's Happening with Solana?

Solana's journey has been turbulent. Solana dropped to $95, a significant fall from its previous highs, and is now facing a lack of network activity, with active addresses at a 6-month low. On-chain data Though Solana has struggled available in the market with a continued decline. On Friday, the token fell by SOL price struggles to rally above $200, but on-chain and derivatives metrics point to a healthy market. Market indecision further complicates the picture. Among the tokens expected to surge is Solana, which is still recovering from a March drop, with experts projecting a 102% upside for SOL. On Friday, the token fell as Support is holding, but resistance remains strongmarket remains indecisive. A breakout could set up a

Renowned cryptocurrency analyst Chris Burniske claims that the main cause of this poor performance is the build-up to a token unlock event that is set for Ma. According to expert technical analysis from Coinglass, Solana and the entire crypto market are experiencing a significant decline amid what appears to be a bullish Solana.

The Bullish Case: 102% Upside Potential

Despite the current SOL struggles, specialists are nonetheless longing for a 102% upside in SOL’s future. Among the tokens where surges are expected are Solana, recovering from the decline in March, with experts predicting a 102% upside for SOL.

Optimistic forecasts are plentiful. Experts estimate that Solana could gain up to 102% by July, reaching 263 dollars. This figure, while enticing, is debatable. Because the SOL struggles to reclaim higher ground after a steep decline.

Why the Optimism?

Despite its strong network activity and continued Optimistic forecasts are plentiful. Solana’s native token SOL experienced a 12.8% increase. While a 102% increase seems ambitious, proponents point to Solana's robust blockchain technology, growing ecosystem, and potential for future development as key drivers for price appreciation. A breakout could set up a potential rally if resistance is broken.

Is Solana a Buy?

The question of whether Solana is a good investment is complex. The cryptocurrency market is inherently volatile, and predicting future price movements with certainty is impossible. Investors should conduct thorough research, consider their risk tolerance, and consult with a financial advisor before making any investment decisions. Keep a close eye on on-chain data and market sentiment to navigate the current landscape.

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