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Solana priceCoinGape
•Business
Business & Economics
60% Informative
Solana (SOL) trades in the red today , May 13 , but strong fundamentals suggest that the Solana price may witness a bull run to $ 300 .
Last week , Solana outperformed all layer one and layer two networks combined with $ 50 M in dApp revenue.
SOL briefly hit the $ 180 barrier on Monday before facing strong rejection as traders booked profits, causing a reversal to trade at $ 171 at press time.
SOL price is teasing a breakout from the resistance line of an ascending parallel channel, but it has been rejected at this level several times.
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