Global #Solana

In the rapidly evolving world of decentralized finance (DeFi), Ethereum and Solana stand out as two of the most significant blockchain ecosystems.

Geoff Kendrick of Standard Chartered has made a bold prediction for Solana (SOL), suggesting that its price could quadruple to $560 by the end of 2025.

Solana (SOL) has recently tested the critical support level of $135, following a correction from its earlier highs. Currently, the price is on the rise and may gain bullish momentum if it successfully clears the $144 resistance mark.

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.

The whimsical concept of meme coins has been around since the creation of Dogecoin in 2013, but the recent surge of meme coins on the Solana blockchain has drawn considerable attention.

As Ethereum approaches the psychological $2,500 mark, traders are keenly observing its potential to break through this significant resistance level. While the cryptocurrency has shown some upward movement recently, questions linger regarding its momentum, particularly in light of relatively low trading volumes.