Solana Breaks Through Resistance, Targeting $242 with Bullish Momentum

Solana is experiencing a surge in bullish momentum, breaking through key resistance levels and aiming for an all-time high above $160. The cryptocurrency has surpassed the $160 mark and surged to new highs. Analysts are attributing this impressive movement to growing DeFi applications and increasing institutional investments. The token’s price has climbed by over 4%, reaching $174.88 intraday, with volume spikes highlighting strong buying activity.