Solana Breaks Above $120 Despite Market Pullback

In Brief:

SOL/USDT briefly crossed $120, trading at $120.07.

Despite the milestone, it’s down 2.25% in the last 24 hours.

Solana (SOL) has surpassed the $120 mark, trading at $120.07 according to ChainCatcher data, even as broader market sentiment remains volatile. The 24-hour chart shows a 2.25% dip, suggesting profit-taking or market correction following the surge.

This movement positions SOL as one of the few large-cap altcoins maintaining key levels amid recent price pressure across the crypto sector. Traders are now eyeing whether SOL can hold above $120 or if further downside will follow in step with market-wide consolidation.

‍