Solana Price Rally Hinges on Bitcoin's Breakthrough
Solana's price has seen a significant increase in the past day, rising by 13% and reaching a high of $89.19. This surge is attributed to the broader cryptocurrency market's recovery, which has seen a total valuation of $2.38 trillion.
The Solana price movement is closely tied to that of Bitcoin, as analysts suggest that if Bitcoin breaks through its resistance level at $72,000, Solana may see further gains and potentially reach $100.
With the current upward trend indicating a bullish momentum, investors are watching the market with interest. However, it remains to be seen whether Solana can sustain this momentum and challenge the $100 levels.