Solana (SOL) has broken a significant resistance level at $208 for the first time in two years, which marks a crucial moment for this cryptocurrency. This breakthrough indicates substantial buying pressure that may lead to further price increases, potentially pushing Solana's price towards the $260 mark.
The monthly candle closing above this previously stubborn resistance signifies a positive shift in market sentiment towards Solana. Such a breakout often signals the possibility of higher price targets as market confidence grows.
