Solana Price Surges Towards Breakout at $100

Solana's price has surged nearly 9% in the past 24 hours, reaching $97.09 and bringing it closer to a potential breakout from its 202-day accumulation range.

The cryptocurrency's market capitalization is around $56.56 billion, with a 24-hour trading volume of approximately $6.98 billion, according to Brave New Coin data.

Solana has reclaimed the low-$80 region on its daily chart and is now pushing towards the $100 level, which marks the upper boundary of its accumulation range.

If Solana establishes acceptance above $95-$100, the next major upside level could be around $120, a zone that previously acted as both support and resistance in the higher-timeframe chart.