Solana Seeks $120 as Monthly Gains Bring Hope to Investors

Solana has recorded its first monthly increase in ten months, setting its sights on a price target of $120. As of now, SOL is trading at $101.67, with investors eyeing the $146.56 level.

The Solana network has processed over $14.7 billion worth of tokenized assets in the past year, indicating significant activity and growth.

While some analysts see signs of a long-term recovery, others remain cautious due to the current price's proximity to the key resistance level of $120.23.