Solana: Will SOL enter Q4 in the green light? These reasons may convince you…
Solana [SOL] wasn’t at its best last week as it registered a more than 8% decline in its value. Though the current bearish market condition was a factor that led to this result, there were several metrics that also played a role in this recent decline.
At the time of writing, SOL was trading at $31.36 with a market capitalization of $11,066,237,560. However, there have been a few positive developments in the community that have brought SOL back into the limelight again. Can these new developments help SOL to push its price upward?
Recently, KuCoin, a popular crypto exchange, announced that it opened mainnet Solana (SOL) token deposit and withdrawal services. It is a positive development for the blockchain as it would help increase its reach and allow investors to buy the token.
<p lang=«en» dir=«ltr» xml:lang=«en»>#KuCoin Opens Mainnet #Solana $SOL Tokens Deposit and Withdrawal Services— KUCOIN (@kucoincom) September 22, 2022
SOL also made it to the list of the top 10 cryptos by weekly search popularity on KuCoin, which reflects the interest of investors in the token.
<p lang=«en» dir=«ltr» xml:lang=«en»>Top 10 Coins by Weekly Search Popularity on #KuCoin (Sep 21, 2022) Read more on ambcrypto.com
