Solana Builds Steam for 3X Rally to $667 SOL Price with Solid Volume, Higher Lows and RWA Boom
Main Idea
Solana (SOL) is gaining attention due to its low transaction costs and fast speeds, with a market analyst predicting a potential 3.72x price increase to $667.02, driven by a surge in Real-World Assets (RWA) and institutional interest.
Key Points
1. Market analyst Leandrocrypto predicts SOL could rise to $667.02 from its current price of $181.56, citing a long-term bullish trendline and targets at $271.58 and $667.02.
2. Solana's RWA market has grown to over $418.1M, marking a 140.6% year-to-date increase, with strong momentum and potential to rival DeFi TVL.
3. Solana's ultra-fast throughput, reaching 1,350 transactions per second (TPS), and institutional-friendly features like KYC integration are driving its RWA boom.
4. The platform's compliance-ready infrastructure and permissioned layers are attracting institutional interest, further fueling RWA growth.
Description
Thanks to low transaction costs and blazing-fast transaction speeds, Solana (SOL) continues to catch the crypto community’s eye.
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