there are many airdrop projects currently using the SOLANA network, what do you think about the price of SOLANA in the future, will it touch ATH or cross ATH several times?
SOL price movements are currently quite fast. even pumps and dumps that occur several times are enough to provide profits for traders in a short time.
of course, there are transaction factors from airdrop tokens and meme tokens which are currently widely available on the Solana network. the more transactions that occur, the better it will be for the price of SOL in the market. The ecosystem that Solana has built is quite good, even though there have been several problems in the past. when transaction congestion ever occurs on the Solana network. but they are still an alternative with their fast and cheap network.
The meme token has been helping to push the price of Solana a lot. Many people are also using it to get instant money in a short time, which is also helping a lot. In addition, some staking platforms that use Solana have been appearing, and this is also really helpful for the coin to push its price to reach the old price.
Those who had invested a lot when the price of Solana was around 10 bucks have been getting like 20x profits, which is amazing. This is also the main reason why the price of solana can go up drastically. Solana has been pumped so hard and this is also giving direct impact to the price of solana.
The tokens were also going up drastically. It's also giving a lot of solana holders and traders momentum to doubled their investment in a short time.