Solana (SOL) has reclaimed crucial levels and has been trading sideways within a key price range, with its next direction uncertain.
Some analysts believe that a breakout above the current range could trigger a new bullish rally for Solana in the coming months.
Analysts suggest that Solana could reach $170-$180 in the short term and potentially achieve a new all-time high by Q3/Q4, citing its utility and growing demand.
Solana is currently trading at $149, with traders indicating that it is in an uptrend and targeting the $170 resistance level.