The price of Solana has recently surged past the $200 mark, driven by the formation of a golden cross pattern and the anticipated launch of an Exchange-Traded Fund (ETF), which together have ignited significant bullish momentum in the market. Analysts are optimistic about the future performance of Solana, and they believe that there are several factors that could contribute to even more upward movement in the coming weeks and months. Here, we will explore the reasons behind this optimistic outlook, including technical indicators, market sentiment, and broader trends in the cryptocurrency space that may support further gains.
source: https://blocknews.com/solana-price-breaks-200-as-golden-cross-and-etf-launch-fuel-bullish-momentum-here-is-why-analysts-see-more-upside-ahead/