Solana crosses $120 for first time since Jan 29, up over 100%

Solana (SOL) moved above $120 for the first time since January 29, up more than 100% from its year-to-date low. The ongoing crypto rally is widening as participation extends across more assets. Source: The Kobeissi Letter (@TheKobeissiLetter).

Price update

- SOL > $120: first instance since January 29
- Performance: over +100% from 2024 low

Market context

- Rally breadth: increasing participation across the crypto market