Solana Price Rally Eyes $250 as Users Top 1 Million

$SOL, the native token of the layer 1 ecosystem Solana is riding a steady rally defying current market correction as Bitcoin plunged below $70K. This sell-off has notably affected the altcoin market but the Solana price shows its sustainability above the $165 mark. This strong resilience hints this coin may witness an intense buying momentum if the broader returns to a recovery trend.