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According to the Binance Crypto Fear & Greed Index, the market is at greed, a little more than neutral at 65. As last week, we are seeing 72, which is significant as compared to this week. Solana is trading at a discount from its peak in April. From the peak of 200$ to the lowest near 124$, and is currently trading around 140$. What are the expectations for Solana's future price? Solana URL:https://www.coingecko.com/en/coins/solana From Coingecko, Solana chain has a market dominance of 4.2%; however, base chain and arbitrum are chasing tight behind. Personally, I heard about Base Chain’s memecoins rising, and I think they have huge potential. With only 1.79% dominance, there is a huge space for growth. Base has been performing significantly for the past 30 days, whereas Solana has underperformed as compared. Solana has several robust memecoins with a huge market cap, which undoubtedly boosts its value. Such as WIF,BONK,BOME,POPCAT, MEW, and Honerable mention (POWSCHE$). Maneki and Gummy sparked the market this week. Base has Brett with dominating performances as compared to its peers in the chain. There are still spaces with huge potential for new 100 million market cap coins in the near future in the chain. What are your opinions on the future of Solana? submitted by /u/Plus-Solution-4747 |
