All eyes on Solana right now. After bottoming around $8 due to the FTX catastrophe, Solana has ripped back to ~$23. Fundamentally, I do not know what the future holds for Sol/Solana. However, the chart is at a very intriguing level. If the price can manage to break higher from here it looks like it could be breaking out of a year long down trend. The chart has been up only since Jan 1, so a pullback would not be surprising.
Keep an eye on this. The potential for outsized returns could be possible if BTC manages to hold and Solana ( the blockchain ) finds a way to survive without SBF and FTX.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.