Solana Price Forecast: Potential for $250 as Bitcoin Holds Ground

After experiencing market volatility, Solana (SOL) has shown resilience, remaining above key support levels around $218-$212. This stability comes as Bitcoin (BTC), a major indicator of overall market sentiment, hovers near the $120,000 support zone. Analysts believe that if Bitcoin stabilizes and breaks above $124,000, this could trigger a rally in altcoins like Solana. Solana’s potential to reach $250 by the end of October rests on Bitcoin’s recovery and its own sustained strength.