SOL is outpacing other top altcoins during today’s session with a 3% gain after a project called Solana Mobile announced its airdrop. Can this drive higher volumes to the network and favor a bullish Solana price prediction?
Solana Mobile is a mobile operating system that aims to break up the ruling “duopoly” of Apple and Google in this space.
This week, they announced the launch of $SKR, the solution’s native asset.
The token will give the community governance rights over the project’s roadmap and future.
According to its website, 30% of the asset’s total supply of 10 billion will be airdropped to early users.
The primary goal of Solana Mobile is to turn control of the ecosystem’s growth over to the community. Token holders will have the right to decide which applications are added and launched.
Increased adoption of this solution should result in higher demand for SOL down the road, as the project continues to showcase its practical use cases.
Solana Price Prediction: RSI Sends Buy Signal as SOL Breaks Out of Falling Wedge
The daily chart shows that a promising falling wedge breakout occurred on January 3. SOL has kept rising since then.
At the time of writing, it is the second-best-performing asset in the top 5 in the past 7 days with an 8% gain.
Source: TradingViewThis shows that buying pressure is rising as altcoins continue to recover. The Relative Strength Index (RSI) had already sent a buy signal on December 26, as it broke above the 14-day moving average.
This means that bullish momentum is gaining traction. As a result, SOL could rise to $160 first and then to $200.
This second target would be attainable if the token manages to break past the 200-day exponential moving average (EMA).
Meanwhile, meme coins across the market have been gaining serious traction, with renewed interest driving strong momentum.
Top presales like Maxi Doge ($MAXI) are riding that wave, building hype ahead of launch and positioning for potential upside once they hit major exchanges.
Can Maxi Doge Be the Next Dogecoin-Style Meme Coin for Traders?
Maxi Doge ($MAXI) is bringing back the early Dogecoin spirit, not just with memes, but with a real community built for traders who live for the next big move.
Holding $MAXI also unlocks access to an exclusive idea hub, where the community shares early opportunities, chart setups, and valuable insights in real time.
Competitions like Maxi Ripped and Maxi Gains add fuel to the fire, turning high-risk, high-reward trading into a game where the best plays get rewarded.
With over $4.4 million raised, now is the best time to join early.
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Visit the Official Maxi Doge Website HereThe post Solana Price Prediction: New Solana Airdrop Announced – Here’s What Everyone Needs to Know appeared first on Cryptonews.
