Solana is trading at 191 USD after a slight decline of over 1.50%. It exhibits a rising wedge pattern, an indicator of possible upward Movement. Overcoming the 200 USD resistance may lead to further gains, reaching 236 USD or possibly surpassing 400 USD in early 2025.
The Total Value Locked (TVL) for Solana hit 20 billion USD, highlighting robust participation in staking, borrowing, and liquid staking. Daily network fees reached 3.22 million USD, demonstrating HIGH usage. Solana’s significant market cap and network activity signify potential growth into 2025.