Can Solana (SOL) Break Past the $260 Mark?

Can Solana (SOL) Break Past the $260 Mark?
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Solana trades at $244, gaining over 2.80%.
Solana has experienced $14.86 million in liquidations over the past 24 hours.
Bitcoin (BTC) crosses above the $98K mark, setting a new all-time high at $98,342. The BTC rally has altered the altcoin market, causing major assets, except Ethereum (ETH), to gain momentum. Among them, Solana has broken through its crucial resistance above $230. 
Notably, the altcoin has a moderate spike of 2.82%. With a $116 billion market cap, Solana trades at $244.81. The intra-day trading price of SOL is noted at $237. Later, the asset has climbed to the current trading level.  
Meanwhile, Solana has witnessed a 24-hour liquidation of $14.86 million, as per Coinglass data. Consequently, the daily trading volume of SOL has reached $7.72 billion. 
Inferring the weekly price chart, Solana has recorded a 13.20% gain. The asset began trading at the downside—$215.63. As days progressed, the altcoin gained momentum and jumped to a high of $248.19. 

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