Solana (SOL) is currently positioned for a potential substantial rally, with forecasts predicting it could hit the $265 mark. This optimism arises from the ongoing market recovery and the formation of a bullish price action for SOL.
Adding to the momentum, there are notable developments such as President-elect Donald Trump's consideration of SOL and XRP for America's first strategic reserve, which has captured the interest of crypto enthusiasts.
These factors are driving positive sentiment in the market, attracting attention and possibly influencing significant price movements for Solana.