Solana’s price is poised for significant growth, potentially reaching $250 if Bitcoin reaches the crucial $120,000 mark. Institutional investors are driving this upward movement, fueled by growing confidence in Solana and historical trends of altcoin rallies following Bitcoin peaks. Analysts predict a potential surge in Solana’s value if Bitcoin surpasses this benchmark, with factors like institutional trading activity and technical support playing key roles. For example, CME Group’s launch of Solana options has significantly boosted liquidity and market confidence, with over 540,000 contracts traded so far. A favorable market climate, as indicated by increased trading volume and institutional participation, further reinforces investor confidence in Solana’s growth prospects.