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Solana Could Hit $350 by 2026, Grok Tags It Top Investment Pick
In a bold prediction, a crypto analyst has suggested that Solana could potentially hit the $350 mark by 2026. According to Nadeem, the 200-day MA crossed its 50-day MA in the latest correction, which suggests that the asset will likely cross the $350 mark before 2026.
It is noteworthy that this prediction comes while the crypto market is consolidating in a bearish zone. The global cryptocurrency market cap is hovering at $3.73 trillion, with the 24-hour liquidations increasing by 15% to $322 million, according to CoinGlass. Solana has seen a decline of 2% over the past day and is currently trading at $164.4.
Despite the market uncertainty that may still put pressure on buyers due to random sell-offs from different whales and retail investors, it seems like the dominant long liquidations could lead to corrections and volatility.
Source: www.coinspeaker.com
