Solana price demonstrated strong resilience during Monday’s market correction, bouncing 0.2% to reach $131.5. The continued bullish momentum is driven by growing anticipation for the upcoming Breakpoint Conference and the potential meme coin rally, fueled by speculation of a possible U.S. Federal Reserve rate cut.
Speculation about Solana reaching $1,000 has spurred much interest. Enthusiasts watch closely as market conditions develop, especially with potential positive impacts from external economic decisions and blockchain-related events.
