Solana (SOL), after an impressive 2023, has witnessed significant volatility in 2024. Despite various efforts to stabilize, the token has struggled to maintain its value.
Initiatives such as Binance's new staking service for Solana have been introduced to assist in stabilizing the token. However, these efforts have yet to yield the desired consistency.
Analysts remain skeptical about SOL's potential to reach $150 in September, questioning whether it can surpass its recent performance hurdles.
