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<p><a href="https://captainaltcoin.com/solana-on-the-edge-can-sol-price-rally-or-is-the-bearish-slide-inevitable/" target="_blank">Solana (SOL)</a> had a decent market performance in the last 24 hours. Its price was at $128.66 last night before bouncing off to its current level of $134.53.&nbsp;</p> 
<p>However, SOL managed a 13% price loss in the past month and a massive 104.53% trading volume increase in the past 24 hours.</p> 
<p>YouTuber “Mr. Legend Crypto,” who has over 23k subscribers, just posted a high-quality video today on how high Solana could pump in 2024, and we would like to cover it.</p>  
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<h2 class="wp-block-heading" id="solana-s-price-history-and-market-performance">Solana’s Price History and Market Performance</h2> 
<p>The crypto analyst said Solana became popular quickly after its launch in 2020. Its price rose from $1 to over $260 by the end of 2021. Like other cryptocurrencies, Solana’s price dropped a lot during tough times in the market. It fell by 96% over 413 days.&nbsp;</p> 
<p>The expert pointed out that <a href="https://coinmarketcap.com/currencies/solana/" target="_blank">Solana’s price</a> has consistently outperformed Bitcoin and Ethereum in recent months, growing faster despite these challenges.</p> 
<p>He said that SOL’s ability to recover from big drops has kept people interested. The network’s fast transactions and low costs have also made it a rival to Ethereum, attracting both regular people and whales.&nbsp;</p> 
<p>Over the past year, Solana has grown by 600%, which is more than Bitcoin’s 119% gain and much faster than Ethereum.</p> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/xrp-price-could-hit-28-ripple-analyst-shares-timeline/" target="_blank">XRP Price Could Hit $28: Ripple Analyst Shares Timeline</a></em></strong></p> 
<h2 class="wp-block-heading" id="solana-price-prediction-can-sol-reach-1-100">Solana Price Prediction: Can SOL Reach $1,100?</h2> 
<p>The YouTuber mentioned that Solana could go up to $1,100, based on Fibonacci retracement levels. Right now, it’s trading around $134, so this prediction suggests a potentially huge increase in the coming months.&nbsp;</p> 
<p>He also warned about how well Bitcoin and Ethereum do greatly affect Solana’s price. If these big cryptocurrencies drop a lot, Solana’s price could fall too.</p> 
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<p class="has-text-align-center">Image Source: <a href="https://www.tradingview.com/chart/t3AKTZf1/?symbol=COINBASE%3ASOLUSD" target="_blank" rel="nofollow">TradingView</a></p> 
<h2 class="wp-block-heading" id="investment-strategy-and-market-outlook">Investment Strategy and Market Outlook</h2> 
<p>Mr. Legend Crypto said that while<a href="https://solana.com/" target="_blank"> Solana</a> could go up, it’s risky because prices can change a lot. He advised people to be careful and remember that the market can be unpredictable, especially given how much SOL’s price has changed in the past.</p> 
<p>Finally, while many people are excited about Solana because it’s been gaining so much, its important for investors to stay informed and think about the risks before making any decisions.</p> 
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram group.</a></strong></em></p> 
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<p>The post <a href="https://captainaltcoin.com/how-high-can-solana-pump-in-2024-sol-price-prediction/">How High Can Solana Pump in 2024? SOL Price Prediction</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How High Can Solana Pump in 2024? SOL Price Prediction

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