Solana eyes meteoric rise to $250

Solana eyes meteoric rise to $250
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As many assets in the cryptocurrency sector continue to trade near their all-time highs (ATHs), Solana (SOL) seems to be looking to reach the same levels itself, particularly after it smashed a critical resistance level and broke free from the declining trend.
Specifically, Solana has recently broken its descending trendline and crossed the resistance at $195, confirming it as support “on today’s flash dip,” according to the observations shared by pseudonymous crypto trading analyst CryptoJelleNL in an X post on April 1.
Solana price prediction
As this crypto expert further pointed out, this could be the start of Solana’s meteoric rise to $250 soon, which is very close to its ATH of $259.96 it had reached back on November 6, 2021, and would represent an increase of 27.34% from its price at press time.
Solana price action analysis. Source: CryptoJelleNL
Why is Solana pumping?
For now, Solana is changing hands at the price of $196.33, which suggests a very minor decl

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