Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem
Currently, we are trading in an ascending channel, testing the 44 USDT level in price. Key levels have been marked on the chart. Where is price heading next?