Solana, like Bitcoin and Ethereum, has been on a strong uptrend since July, gaining more than 33% in that time.
But its latest 16% rally in just three days is especially noteworthy, as it marks $SOL’s third recent attempt to break firmly above $200, after failing twice before (once in July, and again in August).
This surge comes on the heels of Fed Chair Jerome Powell hinting at a September rate cut , which is likely to fuel risk-on sentiment across markets and pump optimism into crypto as a whole. Here’s the kicker : with $SOL testing the $200 level multiple times, analysts now believe this rally could finally be the one that sparks a massive breakout.
Keep reading to discover where $SOL could head next, the key factors driving its momentum, and how you can ride this wave by in