Solana (SOL) Price Can Hit $122 in The Coming Week, Only if This Happens

For the Crypto market, the first quarter of 2022 has not been in favor of the bull run as the global crypto market has been shadowed by a bearish roar. From geopolitical issues to regulatory uncertainties major events have impacted the price of Bitcoin and other cryptocurrencies.

The global cryptocurrency market capitalization is currently at $1.88 trillion with an increase of 0.26% over the last 24hrs. The weekend looks pretty good for the major cryptocurrencies as Bitcoin, Ethereum, Solana, and Polkadot are all trading green among other altcoins.

Solana Sets A Bullish Trend

The Ethereum-killer, Solana is on a track to recovery from its recent market correction as the currency has witnessed an increased demand across many exchanges, and also investors have been requesting Nansen for SOL transactions. Nansen is a Blockchain analytics platform and a crypto data dashboard and the platform has added support for Solana transactions.

In recent days, Solana was under a bearish trend, yet it is considered as a correction that is on a positive note arguing that altcoin is preparing for a bull run.