SOL - Up 102% Is Now the Time to Buy Solana?
2023-05-24 08:21:00 ET
Seemingly out of nowhere, Solana (CRYPTO: SOL) has been one of the best-performing cryptos in 2023. After doubling its price year to date, the token has seen a return of investor confidence after a dismal 2022 that saw it pulled down in part by contagion from the collapse of FTX .
However, its momentum appears to have stalled. Over the past 30 days, Solana is down 8%. Other top cryptos have also fallen during this period, but it seems like an inflection point for Solana as we head into summer. Will it be able to regain its momentum in the second half of 2023?
Perhaps most importantly, the underlying fundamentals at Solana continue to improve.
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Up 102%, Is Now the Time to Buy Solana?