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Networks & infrastructure

Solana market expectations: a November 2024 snapshot

$SOL is holding strong in the $230-240 range, just 10% shy of the All time high, of $260, currently around $237. What could boost $SOL to break $260 could be the following:

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$SOL is holding strong in the $230-240 range, just 10% shy of the All time high, of $260, currently around $237. What could boost $SOL to break $260 could be the following:

- ETFs - everyone is expecting the next ETFs to be SOL ETFs. Considering the positive signals from the US, we can expect this to happen as early as 2025. This could give an additional boost to an already strong bullish sentiment
- More adoption. More and more big projects are choosing #Solana over #Ethereum and this can be reflected in the pricing as well
- Institutionals. While until now it was not of a big interest, a shift towards $SOL could see massive accumulation and a heavy boost

$MASTR team is always following up the markets, because a big rally for $SOL is not only beneficial, but also will incentivize the scammers to be more active. Our mission is to keep your funds safe, so follow up, #DYOR and trust our team!

#Scamprevention #Solana $MASTR

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