Surging activity in onchain and derivatives metrics suggests that Solana’s bullish momentum is set to continue.
Solana (SOL) price is up 13% over the last seven days to trade at $218 on Nov. 14.
Data from Cointelegraph Markets Pro and TradingView showed Solana price rose from a low of $156 on Nov. 5, climbing as much as 43% to reach a two-year high of $225 on Nov. 12. This has sparked optimism among traders that the layer-1 token could continue its ascent toward the all-time high of $260, especially after Bitcoin (BTC) crossed the $90,000 mark to set a fresh all-time high at $93,434.
SOL/USD daily chart. Source: TradingView
