Solana Price (SOL) Continues Its Upward Trend: What’s Driving It?

Key Takeaways:


  • One of the biggest news events in recent history, when David Sacks, a venture capitalist and a major Solana backer, was tapped to be an advisor on AI and cryptocurrency for the Trump administration, stirred up some massive bullish momentum for SOL.

  • The explosion of memecoins within the Solana ecosystem has been improving network activity and driving demand for SOL.

  • Technical analysis points out that the short-term outlook for SOL is positive, though there is a possibility of an extended rally if key resistance levels are pierced.

  • David Sacks – The Main Driver behind Solana’s Price Surge?


    The appointment of David Sacks, a popular venture capitalist and figure within the tech community, to the Trump administration as a ..

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