Krutika Adani
In the last 24 hours, Solana (SOL) rose 4.16%, and over the past month, it's up 11.7%, outperforming major altcoins like XRP.
Solana surged from $14 in Dec 2022 to over $200 in March 2024, driven by the explosion of SOL-based memecoins like WIF and BONK.
After struggling for months around $125, Solana has recently crossed the $174 resistance level.
Analysts predict that if SOL sustains this level, it could drive the price toward $209.69, its 2024 peak.