Reason why SOL could rally ahead

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Reason why SOL could rally ahead
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Solana (SOL) price slightly retraces but holds at around $145 on Monday after a 10% rally last week.

Coinbase announced its plans to launch cbBTC, a wrapped version of Bitcoin on Solana . The launch of USDS by Sky on Solana via Wormhole boosts cross-chain liquidity in DeFi. Travala’s integration with Solana introduces SOL travel rewards, enhancing the booking experience. Solana price slightly retraces but holds at around $145 on Monday after a 10% rally last week.

To interact with Sky on Solana, users can transfer their USDS from Ethereum using supported bridges such as Portal”, posted on Wormhole’s blog post. The blog explains: “By connecting their wallets on Sky.money, users can deposit their Solana-based USDS into the Sky protocol’s vaults, which function similarly to the system users are familiar with from the Maker protocol.

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