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Solana Is Poised for a Monster Move


Just a few summers ago, skeptics were busy drafting Solana's (CRYPTO: SOL) obituary after a string of high-profile fraud-related meltdowns amid a slew of network hiccups. Yet today it's humming along at record speeds, gobbling up developer mindshare, and flirting with higher prices than ever before. The presence of medium-term momentum alone should not ever constitute an investment thesis, but in Solana's case, a rare mix of fundamental and macro forces is starting to look downright combustible to the upside.

Four big trends are lining up at once. Add them up and the next 18 months could be an absolutely monstrous period for returns. Let's dive in and explore why.

Remember the big picture with crypto here. Price follows usage, usage follows incentives or ease of use, and incentives follow a friendly macro backdrop. Therefore solid macro conditions can set the stage for all the other factors to quickly gel in a coin's favor, and that's what's happening right now with Solana.

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Source Fool.com

Sol Stock

€48.85
0.410%
Sol gained 0.410% compared to yesterday.

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