Why Solana is pumping?

Will Solana keep going up or will Solana go down?

To understand this price behavior we need to look into hard metrics, and how different variables in the Solana economy drive its price. One of the most reliable indicators is mainstream news about Solana’s underlaying blockchain technology and programming code. As we can see in the chart, organic conversation (social chatter) about Solana’s code is largely flat, while news can show wild swings. Furthermore, we can identify specific occurrences when a spike in news unleashed a rally: early April 2021 and early September 2021.

The spike in September is remarkable. But, why Solana’s price is going up?

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