Solana’s price has been performing well overall. After hitting $290 in January, it faced a correction below the $200 mark at the beginning of February. However, technical indicators suggest that the Solana price may still aim for a new all-time high. The altcoin continues to trade within an ascending channel on a larger timeframe, indicating potential momentum for future gains. Investors and analysts alike are closely monitoring this price action. Will Solana break through previous resistance levels? Stay tuned as we watch this exciting development unfold for one of the top altcoins.