Solana$SOL is showing strong momentum today, with the cryptocurrency trading around $101.53 and gaining approximately 7.66% over the past 24 hours.
The sharp move higher has renewed interest among traders and investors, as SOL continues to attract attention across the crypto market. A sustained move above the $100 level could strengthen bullish sentiment and potentially open the door to further gains if buying volume remains strong.
However, after a rapid 24-hour increase, short-term profit-taking and volatility remain possible. Traders should watch key support and resistance levels closely rather than assuming that the rally will continue without a correction.
Solana's strong ecosystem, fast blockchain infrastructure, and growing adoption keep SOL among the major altcoins to watch.
SOL is back above $100 — will the bulls continue the rally?