Solana charge rally dangers exhaustion after SOL’s 120% pump in two weeks

Solana charge rally dangers exhaustion after SOL’s 120% pump in two weeks

SOL/USD
-4.81%
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Solana (SOL) charge is up 60% for the explanation that recent year, in part boosted by hype surrounding meme cryptocurrency Bonk (BONK). Nonetheless, the SOL/USD pair now presentations signs of exhaustion, elevating anticipations that the token could well fair perceive a non everlasting correction in the arriving days.

Solana is without a doubt one of the most effective performing cryptocurrencies to this point in 2023 after being without a doubt one of the greatest losers in 2022.

<em>SOL/USD day after day charge chart. Source: TradingView</em>
<em>SOL/USD weekly charge chart. Source: TradingView</em>

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