Solana’s SOL Price Breaks Out to New Cycle Highs Topping $240, First Time Since 2021

Solana’ SOL topped $240 for the first time in three years as bitcoin (BTC) took a breather above $90,000. SOL advanced 4.3% in the past 24 hours, outperforming the broad-market benchmark CoinDesk 20 Index’s 1.6% gain. Bitcoin, meanwhile, pulled back slightly to just above $90,000 before U.S. trading hours as investors digested the monster rally to records since Donald Trump’s election victory. Still, the largest crypto’s pause may be only temporary: BTC may potentially climb as high as $200,000, according to BCA Research analysis of fractal patterns.

Source: https://www.coindesk.com/markets/2024/11/18/first-mover-americas-solana-breaks-out-to-new-cycle-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines