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#Will SOL reach its ATH of $210 soon?
Very positive news is emerging around Solana.
Solana — one of the most capitalized cryptocurrencies, and also my favorite coin, which I follow closely and think SOL will surprise in the near future.
On July 30, 2024, excellent news came out - the Securities and Exchange Commission of the United States (SEC) removed SOL from the list of illegally issued securities. 🎉🎉🎉
By taking this step, the regulatory body no longer has any claims against Solana, and now it also recognizes the legality of Solana. This increases the likelihood of launching spot ETFs 🚀
Many members of the crypto community believe that positive news could push Solana up to $1000. Cryptotrader Captain Faibik shared with his followers the expected trajectory of SOL to the indicated height. In his opinion, investors will see Solana at $1000 by October 2024.🥹🚀
If the bullish mood of SOL does not fade and SOL breaks the resistance level at $193, I think the chances of seeing $210 are great. But for now, the rise is driven by the news background. I will keep an eye on further dynamics.
At the time of writing, the price of 1 SOL = 182.04 USDT
Increase (24 hours) = 0.70% 🟢
Maximum (24 hours) = $184.57
Minimum (24 hours) = $175.44.
Transaction volume (24 hours) = $41 723 982,09
#CryptoObservers