@quantum23seeker
The recent network congestion on Solana (SOL) has caused significant short-term price volatility. The congestion, driven by high transaction volumes and technical limitations, has raised concerns about network reliability, leading to a dip in investor confidence. Technical indicators, such as the RSI and Bollinger Bands, suggest SOL is in oversold territory, potentially signaling a near-term rebound. Market sentiment remains mixed, with some investors viewing the congestion as a temporary setback while others fear long-term implications. Over the next two weeks, SOL may stabilize between $160 and $180, with potential for recovery if network improvements are implemented. Investors should monitor Solana's technical updates and market reactions closely.
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