Solana: Can SOL Hit $300 By January-End 2025?

The cryptocurrency marketplace seems to beryllium regaining immoderate steam. Bitcoin (BTC) has reclaimed the $105,000 people aft falling beneath $102,000 earlier this week. The planetary crypto marketplace headdress has risen 1.5% successful the past 24 hours to $3.77 trillion. Solana (SOL) follows the existent marketplace resurgence. The plus is inching person to the $260 mark.

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Solana Gains Traction

Source: Coins.ph

SOL is engulfed successful greenish today. The fashionable cryptocurrency has rallied 4.3% successful the past 24 hours, 22.2% successful the play charts, 37.6% successful the 14-day charts, and 30.7% implicit the erstwhile month. The plus has besides risen by 211% since January 2024.

SOL is presently down by lone 11.6% from its all-time precocious of $293.31. The plus peaked connected Jan. 19, 2025.

Source: CoinGecko

The Cryptocurrency Market’s Latest Push

The crypto marketplace picked up steam yesterday aft a little correction earlier this week. Solana (SOL) and different crypto assets person made important gains since yesterday.

The latest surge is apt owed to US President Donald Trump signing an enforcement bid to found a integer plus stockpile. According to the statement, “The integer plus manufacture plays a important relation successful innovation and economical improvement successful the United States, arsenic good arsenic our Nation’s planetary leadership”

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Can SOL Hit $300 By The End Of January?

According to CoinCodex, SOL’s terms volition consolidate for the adjacent week. The level anticipates the plus to commercialized astatine $261.33 connected Jan. 31, 2025. Hitting $261.33 from existent terms levels volition entail a rally of astir 0.53%.

Source: CoinCodex

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SOL could deed a caller all-time precocious of $300 by the extremity of this month. The latest enforcement bid could pb to a surge successful capitalist sentiment. A emergence successful sentiment could trigger a rally to a caller peak.