Solana climbed 8% to reach $119, its highest price since January, as veteran trader Peter Brandt identifies a five-year cup-and-handle pattern pointing toward a potential rally to the $240 resistance level.
The cryptocurrency market surged with a 5% increase in total capitalization to reach $2.93 trillion, driven by strong buying momentum across Bitcoin, Ethereum, XRP, and Solana amid bullish market sentiment.