Solana climbed from 187 USD to 219 USD, breaking past key resistance at 200 USD. A potential rally to 4,000 USD is speculated by analyst Ali Martinez, citing a cup and handle pattern. However, reaching this target depends on breaking through resistance levels at 228 USD and 245 USD.

Whales have accumulated significant amounts of SOL, indicating bullish sentiment. Currently, 72% of SOL accounts are long positions, suggesting confidence in potential gains. Without new buyers, SOL could revert to 194 USD, thus dampening any short-term hopes of reaching the 4,000 USD mark.