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Solana Price Forecast: Is SOL Under Threat as Ethereum Transactions Hit 1-Year High Post-Pectra?

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Summary
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64% Informative

Solana price is under pressure as traders flock to ETH after the Pectra upgrade.

The upgrade has triggered a nearly 20% surge in ETH price, as the largest altcoin asserts its market dominance.

The SOL/ETH ratio has also fallen to the lowest level in nearly a month after ETH recorded 20% gains.

Solana has overcome a critical resistance level showcased in an ascending trendline, making it likely a 42% rally is looming towards $ 216 .

VR Score

39

Informative language

24

Neutral language

54

Article tone

formal

Language

English

Language complexity

38

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not offensive

Hate speech

not hateful

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Known propaganda techniques

not detected

Time-value

short-lived

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