SOL rallies as Solana memecoins, prediction market activity surge: Are bulls back?
Rising interest in Solana-network memecoins and prediction markets was followed by a rally in SOL price. Will the momentum continue?
Key takeaways:
Solana’s SOL token jumped to its highest mark in over 30 days on Friday at $83, marking a decoupling from the altcoin market. SOL’s rally gained steam from a surge in tokenized trading volume on Solana, inflows of stablecoin liquidity, and an unexpected comeback in memecoin activity. Can SOL reclaim the $90 level?
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