Solana Price Surges Amid Market Rally
Solana's price has surged 6.71% to $81.98 in the past 24 hours, mirroring Bitcoin's 6.42% rally and a 5.54% increase in total crypto market cap.
This rise comes as capital flows back into risk assets, providing a favorable market backdrop for Solana's breakout above key resistance.
Ali Charts identifies $100 as the key confirmation zone for a broader reversal, and he sees potential for SOL to reach this level.
Solana's network activity has also improved, with 1.15 billion non-vote transactions recorded in a week, representing a 69% year-over-year increase.