Odaily Planet Daily reports that a trader posted in their personal channel stating that they are re-buying SOL, which is the strongest among the “big three” mainstream coins. From a technical analysis perspective, the price of SOL is expected to fluctuate to $160. If this rally continues and BTC can reach $100,000 in the future, SOL may rise to $200. The trader added that when the market has not yet formed a consensus on reasons to go long, it is the best time to enter. Currently, they hope BTC can hold the $90,000 level.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Dan Romero Clarifies Five Misconceptions About MPP, Protocol Submitted to IETF Web Standards Proposal
Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.
GateNews2h ago
Solana DApps Revenue Drops to 18-Month Low as SOL Price Risks Retesting $80 Level
Solana's native SOL token has declined 11% in just three days after touching a peak of $97.70. The correction momentum to $87 on Thursday triggered approximately $25 million in long position liquidations, thereby significantly dampening trader sentiment. Derivatives market data shows downside risk remains dominant
TapChiBitcoin5h ago
SOL breaks through 90 USDT, 24-hour gain of 0.66%
Gate News reports that on March 20, a certain CEX showed SOL surpassing 90 USDT, currently trading at 90.03 USDT, with a 24-hour increase of 0.66%.
GateNews9h ago
Solana DApps Fall to 18-Month Low, SOL Faces Risk of Retesting 80 Dollar Level
Solana ecosystem DApps revenue has dropped to $22 million, marking an 18-month low, while the derivatives market is also showing bearish signals with funding rates near 0% and option skew surging, reflecting institutional lack of confidence in the future. The rise of competitor Hyperliquid has further intensified the pressure, leading to erosion of Solana's market share in the derivatives sector.
MarketWhisper12h ago
Solana DApp Revenue Drops to $22 Million, SOL Price Falls 11% in Three Days to $87
Solana ecosystem decentralized application revenue has dropped to an 18-month low, with SOL price recently declining 11% to $87, while long positions have been liquidated. Despite strong performance in DEX trading volume, it faces intense competition in the perpetual futures market.
GateNews14h ago
