Will Solana Price Hit $200 This Week? Onchain Metrics Point to TVL Boom Amidst Algotech $3M Presale

Solana (SOL) continues its remarkable journey in the crypto world, showcasing evident growth and network developments. Meanwhile, Algotech (ALGT) comes up as a frontrunner in trading solutions, with its recent $3M presale captivating the attention of traders and investors. In this article, we’ll look into the details of these developments.

A 645% surge signals crypto enthusiasm as Solana continues to rise

Over the last year, SOL has seen an astounding surge of more than 645%, a testament to its remarkable fundamentals and increasing popularity among enthusiasts. Currently, Solana is trading at $192.34. Its value has increased by over 9.04% in the last 24 hours alone, highlighting its momentum in the crypto market.

One of the key factors fueling the success of Solana is its vibrant ecosystem, powered by the performance of  Dogwifhat (WIF) and other SOL-based tokens. These tokens have gathered paramount community support through their impressive returns.

Leading DeFi network achieves $4.05B TVL surge, fueling bullish price predictions

Solana’s network is powered by the activity level of its decentralized applications (DApps) and its Total Value Locked (TVL). The TVL has seen a notable 30% surge since the beginning of the year, achieving $4.05 billion. 

Solana is the only blockchain in the top 10 DeFi networks to achieve such rapid growth in TVL. This expansion is attributed to a hike in network user activity. Moreover, technical indicators project a promising Solana price trajectory. 

Will SOL break the $200 barrier amidst market volatility?

If SOL sustains above the $190 level it could pave the way for the coin to challenge the $200 resistance threshold. Investors should stay cautious of potential plummet, with support levels at $170 and $150 in focus.

Despite this volatility, Solana’s upward trajectory stays intact, with experts predicting a hike above the $200 mark in the upcoming bull run. With SOL’s returns exceeding 750% in the last year and significant events like Bitcoin Halving on the horizon, the atmosphere is poised for further price increases. 

Exciting news for Algotech community

To commemorate the milestone Algotech has achieved by crossing $3M in presale and nearly selling out stage 2,  the platform has come up with exciting news for its community. The DeFi project has announced a generous giveaway. It will include a total of $250,000 worth of ALGT tokens to be distributed among ten lucky winners. 

This initiative not only aims to celebrate Algotech’s success but also to reward and engage its supporters. For more information and to participate in the giveaway,  you can visit https://algotech.trade/Giveaway 

Algotech (ALGT) breaks records, surpasses $3M milestone, and eyes $1 price surge

Algotech (ALGT) has impressed market analysts with its remarkable presale performance, quickly surpassing the $3 million milestone. Selling more than 75 million ALGT tokens, the project has achieved 8500 unique holders, becoming a significant emerging player in its presale stage in 2024.

Currently priced at $0.06, Algotech (ALGT) has been an attraction for investors and is set to skyrocket price to $0.08 soon. According to the expert analysts’ predictions, the ALGT token’s price will surge to $1 upon its listing on major exchanges, further enhancing investor 

Learn more:

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Disclaimer. This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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