Bullish Indicators on Multiple Timeframes
Guy Turner, host of Coin Bureau, believes Solana (SOL) is showing bullish signs on its weekly and monthly charts. He predicts a 35-45% breakout above $300.
Bitcoin Breakout
Solana is also breaking out against Bitcoin (BTC), which Turner says could lead to an even higher surge, as BTC is expected to rally ahead of its upcoming halving event in April.
Key Milestones
Turner highlights four upcoming milestones that could impact SOL’s surge to $300:
- Release of token extensions (completed)
- Launch of new validator clients (Firedancer)
- Unspecified institutional support
- Call to developers to build products on Solana
Current Price
At the time of writing, SOL is trading at $181.55, down 5% in the past 24 hours.