Solana (SOL) has indisputably ruled the current cryptocurrency market by showing stellar price action and ascent. The token managed to scale past $180 and briefly touch the $250 mark before plummeting to trade at $130 at press time. The token shows promising signs of gradual ascension; however, the critical price barriers may hinder the token’s smooth sailing to claiming $180.
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Solana Blinks Launch: Can It Help SOL Achieve $180?
Solana recently took to X to announce that they have launched Solana Blinks, an exclusive product offering that allows smooth SOL payments via shareable links. The firm later shared how, through Solana Blinks, users can initiate any transaction anywhere by simply sharing a link on any platform.
The new launch has already started discussions on how it can bring in a new wave of change for SOL. With SOL dominating the payment scene, it can significantly help Solana reclaim some of its lost fortunes, provided it continues to leverage the current market onset.
Solana June End Prediction
The launch of Solana Blinks is the current market obsession, and a large number of crypto analysts were noted praising Solana for ushering in a new product specification.
Notable crypto analyst Marty Party shared how Solana Blinks is truly a revolutionary transactional concept.
“Why is Solana Blinks changing the whole internet today? Currently, when you want to sell or trade something on social media, you need to send the user to another website. With Blinks, you don’t need marketplaces or any other website anymore. You just post your product or offer, and the user interacts and transacts with the post. They never leave your timeline. This makes OnlyFans, eBay, Facebook Marketplace, and everything else redundant. Only on @solana.”
According to CoinCodex, Solana may spike by 0.82% to trade at a price high of $137 by July 4.
“The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $137.50 on July 4, 2024, gaining 0.82% in the process.”
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At the same time, the token can reclaim its $158 price spot by July 28, as predicted by CC.
“According to our current Solana price prediction, the price of Solana is predicted to rise by 16.15% and reach $158.41 by July 27, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 40 (fear). Solana recorded 12/30 (40%) green days with 9.41% price volatility over the last 30 days.”
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