{"id":541891,"date":"2023-07-09T07:33:41","date_gmt":"2023-07-09T07:33:41","guid":{"rendered":"https:\/\/wncen.com\/?p=541891"},"modified":"2023-07-09T07:33:41","modified_gmt":"2023-07-09T07:33:41","slug":"solana-sol-tallies-10-gains-on-weekly-chart-will-it-cross-25","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solana-sol-tallies-10-gains-on-weekly-chart-will-it-cross-25\/","title":{"rendered":"Solana (SOL) Tallies 10% Gains On Weekly Chart – Will It Cross $25?"},"content":{"rendered":"
Solana (SOL) has witnessed a remarkable recovery in the past week, showcasing a string of steady gains. Presently, SOL has increased by 10% and is actively traded at $21.80, reflecting a slight uptick in the crypto’s price.<\/p>\n
While it’s important to note that SOL remains significantly distant from its all-time high of $260, the recent upward motion has lifted its value beyond the $20 mark, indicating promising signs of an extended bullish sentiment<\/p>\n
What’s Behind SOL Rise?\u00a0<\/strong><\/h2>\n
There are several factors right now that could have influenced the rise in SOL\u2019s price. These include macroeconomic factors such as inflation and crypto regulation in different areas. In addition, Solana has experienced some success in adoption with some ecosystems adopting the token and launching cross-chain bridges.\u00a0<\/span><\/p>\n