Solana's price is currently navigating a challenging landscape as it attempts to sustain its bullish momentum. Despite these difficulties, Solana has managed to outperform Ethereum in several key DeFi metrics, capturing the attention of market analysts and investors alike.
A rare price pattern has emerged, hinting at the potential for a 100% rally for SOL. This prediction comes as Solana's performance surpasses both Ethereum and Base, showcasing its growing influence in the decentralized finance sector.
While Bitcoin maintains its position above $100, Solana struggles to reflect its increasing dominance in the DeFi space in its price action, making this potential rally particularly noteworthy.