Solana (SOL) has shown a downward trend, recently revisiting a critical support level around $205, which analysts believe could signal a potential reversal. Key indicators suggest a possible price target of $345, with further bullish patterns hinting at moves towards $400 to $600. Solana's growing adoption, with 53% of global crypto users and a Total Value Locked (TVL) nearing $9 billion, alongside a surge in developer interest, positions it as a strong competitor in the blockchain space.
