Solana rallies 8% as crypto markets recover — Is there room for more SOL upside?

Cointelegraph.com NewsSolana’s native token, SOL (SOL), rose 8% on March 19 as investors turned to riskier assets ahead of US Federal Reserve Chair Jerome Powell’s remarks. While interest rates are expected to stay unchanged, analysts anticipate a softer inflation outlook for 2025. Meanwhile, key onchain and derivatives metrics for Solana suggest further upside for SOL price.The cryptocurrency market mirrored intraday movements… 

​Solana’s native token, SOL (SOL), rose 8% on March 19 as investors turned to riskier assets ahead of US Federal Reserve Chair Jerome Powell’s remarks. While interest rates are expected to stay unchanged, analysts anticipate a softer inflation outlook for 2025. Meanwhile, key onchain and derivatives metrics for Solana suggest further upside for SOL price.The cryptocurrency market mirrored intraday movements…