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freelance writing for tech startups ✌️【365vc.net】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!Multiple analysts noted that BTC could enter a period of consolidation, even with apotential 20% correctionin the cards, as the momentum that propelled to fresh record-highs in the past two weeks started to wane.Crypto traders forecasted more gains for SOL targeting its all-time record prices from 2021, breaking above its last key resistance level after cooling off for two months.Digital asset trader Jelle also noted that SOL is also benefiting from rising retail demand for trading Solana-based tokens such asdogwifhat(WIF), one of the meme coins that recently saweye-watering advances.

"SOL has broken all major levels standing in the way of new all-time highs," Jelle said in anX post.

"New retail will flock to solana tokens, and buying SOL is their entry ticket."Tristan Frizza, founder and CEO of Solana-based decentralized finance (DeFi) protocol Zeta Markets, notedincreased network activityon Solana, with decentralized exchanges (DEX) consistently surpassing $2 billion in daily volume since early March."[Solana's] solid adoption metrics, which signal genuine user activity, suggest that we’re not only witnessing speculative interest but are also poised to see new all-time highs due to this authentic engagement," Frizza said in an email.Recently, SOL changed hands at $165, some 35% lower than its 2021 November peak.

Its market capitalization, however, is already approaching its $76 billion record due to the asset's expanding supply, also called token inflation.Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously.

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