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Solana Price Breaks $150 – Could Powell’s Rate Cut Comments Propel SOL to $1,000 by Year-End?
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Solana (SOL) has extended its bullish momentum, trading at around $158.31 and reaching an intra-day high of $158.67. After hovering near $140 for most of the past week, SOL witnessed a sharp overnight surge, breaking through the $158.00 level.
Several factors have contributed to this rally:
Jerome Powell’s dovish comments at Jackson Hole have had a profound impact on the cryptocurrency market.
The suggestion of potential interest rate cuts has fueled investor optimism, leading to a surge in market activity around Solana (SOL).
Read more on cryptonews.comAbout this in other media
Solana Price Set for Massive Gains? RSI Hints at Major Rally from Key Support Level cryptonews.com /3 months ago
Solana Price Alert: Buy Signal Detected Despite Bearish Conditions cryptonews.com /3 months ago
Solana Price Poised for Massive Breakout – $233 in Sight as Breakpoint Nears cryptonews.com /3 months ago
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