Hey everyone, let's talk Solana (SOL) because it's definitely heating up again! The big question on everyone's mind is: Could $250 be within reach?
SOL has been on a serious bull run lately, and traders are glued to their screens, watching it bump up against some key resistance levels. So, is this just a quick pump, or are we about to see a much bigger breakout?
What's Happening with the Price?
Right now, SOL is trading around $157, and it's gained over 12% just in the past week alone! This recent surge seems to be driven by a few things:
* We're seeing a spike in DeFi and NFT activity on the Solana network.
* There are some persistent rumors about a major partnership announcement brewing.
* And generally, there's just a lot of bullish energy across the entire altcoin market.