Solana Surges Past $120 Amid Divergent Crypto Session

Crypto markets diverged sharply on Friday as Solana broke above $120 with a 3.40% gain while Bitcoin slipped 0.65% to $83,831.42 and Ethereum edged down to $2,680.61.

The rotation toward altcoins came as the 10-year U.S. Treasury yield held above 5%, its highest since 2007, keeping pressure on non-yielding assets.

Solana's technical setup is notably stronger with all four tracked indicators favoring buyers: RSI at 57.44, MACD at 1.88, ultimate oscillator at 52.12, and bull/bear power at 3.06.