Solana surges 10%, outpacing Bitcoin and Ethereum as broader market gains 3.6%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 24 2024Market Performance: The broader crypto market has increased by 3.6%, with Solana leading the surge at a 10.2% rise, reaching $158.25 and becoming the third most traded cryptocurrency in the last 24 hours.
Future Projections: Analysts suggest that Solana may form an Adam and Eve pattern, potentially pushing its price to $164, which could lead to a further increase towards $220 if resistance is cleared.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
