Krutika Adani
Solana has gained 11.5% in the last seven days after crossing a critical resistance at $147.
Solana has strong support at $145; the next resistance is $175. Both levels are critical for Solana as the crypto markets resume their 2024 gains.
High TVL growth, a vibrant memecoin ecosystem, and a high-performance blockchain have helped Solana achieve wide acceptance.
Solana memecoins were the top performers in 2024, beating all other crypto narratives. The top gainers among them were Bonk (BONK), dogwifhat(WIF) and Book of Meme (BOME).
As altcoin season is around the corner, holding Solana would be the best decision, if not buying more.