Solana Bounces Back As Digital Asset Leads Major Cryptocurrencies Higher

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Sol was up more over the last 24 hours than any of the other top 10 digital currencies on CoinMarketCap

China’s Supposed ‘Bitcoin Ban’ Fails To Crash Market As Twitter Adds Crypto Payments In Historic First

“In this case, Solana has been one of the biggest performers this year and has had a solid run. So it is natural for it to have a strong bounce any time the market starts looking positive.” When clarifying the sol token’s most recent price movements, Andrew Rossow, an internet and technology attorney, offered a similar take to that of DiPasquale.

“However, because of the growth and increase of altcoins during that same time period, it only adds that necessary enforcement and support needed for market participants to have that continued faith in Bitcoin’s pricing,” said Rossow.“The market will always favor coins that have shown just enough strength prior to any price drop,” Rossow noted.

 

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