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Home » Why is Solana (SOL) price up this week? – Cointelegraph

Why is Solana (SOL) price up this week? – Cointelegraph

Why is Solana (SOL) price up this week? – Cointelegraph

​Increased activity in Solana’s NFT markets and decentralized applications are pushing SOL price back toward year-to-date highs. 26736 Total views 86 Total shares Listen to article Altcoin Watch Join us on social networksSolana’s native token, SOL (SOL), made significant gains of 5.5% on Nov. 28, trading at $58. This increase followed a retest of the $54 support level on Nov. 27. While some attribute SOL’s rise to the broader cryptocurrency market’s performance amid a deteriorating macroeconomic environment, the Solana network and its ecosystem have also played a crucial role in driving the price upswing.U.S. Dollar Index (DXY). Source: TradingViewOn Nov. 28,…  

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