Solana Price Prediction: AI Sets SOL Price For The End of February

5 months ago 35

The Solana (SOL) marketplace witnessed a large downfall. Along with its price, respective different factors were besides impacted. While SOL investors were dreading their caller losses, quality of the plus dipping further was brought to light. FTX repayments are going to kickstart connected March 1. A staggering 11.2 cardinal SOL, which is worthy much than $2 billion, is expected to participate the market. The assemblage fears that this could bring successful merchantability unit successful the adjacent future. This nonfiction dives into the terms of SOL during FTX’s repayments.

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A Look Into The Solana Market

Source: TinTuc

Throughout the past 7 days, SOL witnessed a monolithic driblet of astir 20%. The plus was trading astatine a precocious of astir $204 earlier dipping to a debased of $164. At the clip of writing, Solana was priced astatine $164.77 pursuing a important downfall of 10%.

Amidst this, the regular measurement of Solana recorded a notable spike of 73%. But the driblet successful the altcoin’s terms indicates that the marketplace was witnessing accrued selling activity.

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Meanwhile, salient expert Ali Martinez highlighted however the fig of progressive addresses successful the SOL marketplace recorded a decrease. He noted that backmost successful November, determination were 18.5 cardinal progressive addresses connected the Solana network. But today, determination are conscionable 8.4 million.

Feb-End Price Prediction

Recovery could beryllium connected the cards for the Solana market. Data from CoinCodex reveals that SOL is each acceptable to determination adjacent to $200 by the extremity of the month. The steadfast revealed that during the last week of February, SOL volition commercialized astatine a precocious of $193.26. On February 28. 2025, the altcoin volition commercialized astatine a precocious of $192.07 marking a 16.77% emergence from its existent terms level. While this whitethorn not beryllium a monolithic rise, it is simply a much-needed respite for the SOL market.