Solana (SOL)

Apart from the meme coins, the Solana altcoin shows massive upside potential. It has increased by nearly 50% in the last 30 days and is trading at $166. Despite the short-term correction, the altcoin has concluded a lower-high formation in the daily chart and reveals a surge of bullish influence in the sideways trend.

Testing the $164 support, the altcoin offers an entry opportunity at a crucial support. If the broader market recovers, the altcoin is likely to surpass the $200 psychological mark. Using the price action level, the next target remains at $235-$250. $SOL