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Solana gains over 26% in two days — $250 SOL price target next?
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Solana (SOL) rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins.
Notably, the price of SOL increased by more than 11% to over $196 a token, the highest level since Sept.11. Combined with the gains recorded in the previous 36 hours, SOL was up by as much as 26%.
A new Bitcoin all-time high price on Wednesday triggered price rallies across the altcoin market as well.
For instance, Ethereum's native token Ether (ETH) posted better intraday profits Wednesday, closing 7.32% higher around $4,170. Today, the second-largest cryptocurrency rallied further to $4,374, just $10 shy of its record high at $4,384 on Coinbase.
Conversely, Bitcoin corrected by more than 3.5% to below $65,000. As a result, the
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