These days things are going well in the market and some leading coins are showing a significant price appreciation which was expected post-US election result. This is going well and I think that the community is happy to see the price momentum in the market but not sure if this is the startup build run or if we are is still waiting for the bull run to start. Now I'm talking about the Solana coin which is one of the top ten coins with a great market cap and its price has touched two hundred dollars today.
Was it expected? The answer is difficult to give because somehow it was expected but looks like it was not expected this early that just after the election results were out it started showing momentum and we know that it has touched two hundred dollars just a start and probably we will see much more coming out of it. In this market, things are unpredictable so we don't know which coin is going to do wonders in the market and this is why choosing the right project and investing only it can be a great strategy and planning as well provided we have done the required homework and study before that.
Just have a look at the above chart where you will see the price momentum for the Solana is the current price is exactly $200 which is great and maybe we will see it going up and touching three hundred dollars but not sure how much time is it going to take. Maybe it can take a couple of weeks or a couple of months which is completely dependent upon the market and total supply and demand for the coin.
This is one of the blockchain networks that are very popular and it can perform the transactions at minimal cost in real-time which makes it a better network and gives better scalability solutions to the projects built on this chain.
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