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Image Credit: Coin Telegraph

Solana's ‘early stage bull market’ hints at 65% SOL price gains by April

  • Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins.
  • Solana broke above the upper trendline of its falling wedge pattern on March 19 and has since maintained bullish momentum.
  • The breakout is supported by improving momentum indicators, and Solana's onchain activity is seeing a fresh wave of memecoin enthusiasm.
  • Solana memecoin sector is in recovery, with over 8 million tokens launched on Solana and a spike in memecoin deployments pointing to renewed demand.

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