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March 24, 2025

SOL Price Set for Rebound as Solana Co-Founder Advocates for L1s

The Solana ecosystem is eyeing a massive rebound as significant uptrends in cryptocurrencies emerge. Bitcoin has recently surpassed $85K, generating bullish sentiment across the market. Amid this optimism, Solana’s co-founder Anatoly Yakovenko has spoken out against Layer2 solutions, asserting they are unnecessary for building effective blockchain platforms. Instead, he emphasizes the advantages of Layer1 solutions like Solana, highlighting their speed, cost efficiency, and security. As the community rallies around this perspective, traders are hopeful for SOL’s recovery and growth. The focus will be on how market factors and the tech behind Solana can support this rebound in the coming days.

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