CoinDesk Report:
Solana hits a 12-week high of $174 as market sentiment and attention rise, analysts believe there is further potential for an increase.
Solana’s price reached a 12-week high today, contrary to the overall market trend.
The cryptocurrency traded at $174, with a daily growth of 4.8%. This upward trend began around October 18, benefiting from improved sentiment and strong mindshare indicators.
Analyst Miles Deutscher observes that this growth is consistent with the significant increase in positive sentiment surrounding Solana and the rise in market discussions.
Improved sentiment and rising mindset
Recent sentiment analysis shows an increase in positive sentiment surrounding Solana discussions since October 18, corresponding to the price increase.
This positive sentiment has contributed to the continued upward momentum of Solana’s value. It is worth noting that attention (measuring the percentage of discussions in the market about Solana) also remains strong.
The sentiment and mindshare of Solana have been soaring.
But this marathon is far from over.
I just uploaded an important SOL update, including:
• My price prediction
• My preferred ecosystem
If you hold Solana, you need to watch this video.
