Solana can witness a 92 % increase, as Seoul sees 5,000,000 new addresses created daily, according to the analyst.
The encryption analyst is widely believed that the Layer-1 Solana platform (SOL) is allowing it to see an increase of about 2x.
Martinez encryption dealer Recount 124,300 followers are trading on the X social media platform that Solana is circulating on an upward channel – a pattern indicating that the origin is in a bullish direction.
According to Martinez, Solana appears to carry the Qatari support for the pattern, indicating that the height to the upper end of the canal is on the table.
“Solana Sol tests the main support level in the bottom limits of this parallel channel. It can reinforce the upper trend, which increases the height to $ 387!”
At the time of writing this report, Sol is traded for 201 dollars, translated into more than 92 % if the original hit the target price.
Looking at Solana’s activities on the series, Martinez notes that the network is witnessing strong adoption.
“The Solana Sol network expands at a strong pace, as more than 5 million new addresses have been created daily!”
As for Bitcoin, Martinez says more than 6.794 billion dollars from BTC has been removed from the exchange of encryption in the past seven days.
“More than 70,000 Bitcoin BTC was withdrawn from the exchanges last week, indicating long -term confidence!”
At the time of this report, Bitcoin is traded for $ 96,932.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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