Solana (SOL) reached its highest level in nine months, trading around $120 after a 16 percent weekly surge. The native token had plunged below $100 in mid-September. Several analysts are projecting further upside with targets ranging from $130 to $500. Glassnode’s Altcoin Cycle Signal recently flipped from Bitcoin season to altcoin season, signaling a shift in market dynamics. The market rally came after a challenging week marked by the CLARITY Act setback, rising US interest rates, and escalating geopolitical tensions.
Source: Read the original article
