In 2024, three Solana rivals possess potential for 100x returns, attracting investors' attention.

Quick Summary:

Institutional investors have an undying love for Solana, a crypto token proposed as a worthy Ethereum challenger due to its effluence blockchain supporting a cheaper yet higher transaction throughout.

In the last year alone, SOL rallied 600% to $147, showing resilience and the ability to recover every time it plunges.

However, daily analysis indicates that this recent recovery has formed an inverted head and shoulders pattern.

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Article Details

Author / Journalist: John Isige

Category: Crypto

Markets: India

Topics: Price Analysis Solana (SOL)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-10 @ 11:24:05 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 533 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20927536

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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