Solana is trading at $204, up 1.18% in the last 24 hours, with a slight pullback after reaching $205.
Solana’s ascending triangle pattern signals a potential breakout toward $565, aligning with historical Fibonacci-based rallies.
The crypto market displays signs of recovery as the overall market cap and the 24-hour trading volume surges to $3.19 trillion and $105 billion, respectively as per data from CMC. As the market recovers, major altcoins such as Solana are reversing the recent downtrends, indicating a potential rally.
At press time, Solana is trading at $204, up by 1.18% in the past 24 hours as per data from CMC. The altcoin opened its trading session at $194, and the bull elevated the price to $205, where it faced a rejection, leading to a slight pullback.
Source: CoinMarketCap
Amidst the bullish recovery, Solana is up by 1.60% and 10% on the weekly and monthly charts, respectively. In addition, its market cap and trading volume have climbed to $99.57 bill
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