Solana Price: Can SOL Initiate Next Altcoin Rally As Crypto Market Strengthens?

The crypto market fell victim to a major correction over the last few days, causing most cryptos to plummet. However, the good news is that the scenario has now started to change again in investors’ favor. Thanks to that, Solana price also is showing promising signs of recovery. Nonetheless, will this be enough for SOL to regain its recently lost market cap and help initiate a fresh altcoin rally?