Coin Bureau host predicts that SOL is expected to exceed the $300 mark, with an increase of 35% - 45%
According to CryptoPotato, Coin Bureau host Guy Turner told his 2 million followers on YouTube that SOL could achieve a 35%-45% increase and break the $300 mark in early 2024. Turner's bullish view is based on SOL's performance on the weekly and monthly charts. He sees SOL as "very bullish" on both timeframes, but faces strong resistance at the $300 mark. In addition, Turner pointed out that the Bitcoin halving is coming, and the market expects this event to drive Bitcoin prices to new highs. He emphasized that the price of SOL will be affected by four upcoming milestones in the Solana Foundation’s updated roadmap, including the release of token extensions, the launch of new validator clients (such as Firedancer), more institutional support and developers participate. According to DefiLlama, Solana’s decentralized application (dApps) ecosystem has exceeded $4.6 billion in total value locked (TVL).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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