Solana shows strength below $70 all-time highs
Optimism keeps flowing around Solana, with even current record levels still attractive as a buy-in. Solana (SOL), the in-house token of decentralized computing platform Solana, continued major gains on Tuesday to become a top 10 cryptocurrency. Data from Cointelegraph Markets Pro and TradingView showed SOL/USD gain another 15% on Tuesday, briefly passing $72.
Against weekly returns of nearly 70%, attention from traders was firmly focused on SOL, which on the day had delivered the third-best weekly performance of any crypto token. SOL also entered the top 10 cryptocurrencies by market cap, surpassing Uniswap (UNI).
“Solana has rallied +60% since confirming a breakout past the downtrend, rallying to new All Time Highs,” trader and analyst Rekt Capital summarized on the day. Fellow trader Pentoshi was even more bullish, calling SOL an “absolute steal” even at current record levels in terms of United States dollars.
“SOL in price disovery,” he told Twitter followers.
“Imo if $56–60 comes that [is] an absolute steal now that it has made new ath’s. That should be new support and the sky is the limit. Got some bids filled at the daily open Already up big today.” Against Bitcoin (BTC), Solana came down more firmly after hitting highs of 0.00163, at the time of writing circling 0.00147.
Alt season calls grow louder
Solana thus sealed a rare success in an altcoin market still dominated by Bitcoin price moves. As Cointelegraph reported, however, optimism remains over a broader altcoin comeback as Bitcoin cools following its own major spurt, which has so far topped out at $48,000.
The time for action may be now, as heavy resistance above the $48,000 level causes problems for those eager to see a return to $50,000 BTC/USD. A rumored relative strength index (RSI) peak on SOL/USD, meanwhile, failed to deliver a correction, which some had feared may puncture its bull run.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 82.8% | 26 | $66 761.99 | 0.55% | 4.45% | $1 314 502 789 636 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 75.2% | 49 | $3 256.83 | 2.60% | 5.26% | $397 486 344 226 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $1.000016 | -0.04% | -0.03% | $110 465 256 295 |  |
|
| 4 |  BNB |
Binance Coin predictions | 86.8% | 18 | $608.40 | 1.18% | 11.69% | $90 976 368 352 |  |
|
| 5 |  SOL |
Solana predictions | 64.8% | 67 | $158.26 | 2.58% | 12.81% | $70 747 775 002 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 2 | $0.999969 | 0% | -0.01% | $33 662 308 377 |  |
|
| 7 |  XRP |
XRP predictions | 71.6% | 60 | $0.548016 | -0.40% | 9.68% | $30 211 672 294 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 73.2% | 59 | $0.161737 | 2.41% | 3.61% | $23 292 217 670 |  |
|
| 9 |  TON |
Toncoin predictions | 66% | 67 | $5.92 | 6.95% | -8.98% | $20 560 006 242 |  |
|
| 10 |  ADA |
Cardano predictions | 66.4% | 63 | $0.507813 | -0.67% | 11.04% | $18 095 374 280 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 62.4% | 82 | $0.000027 | 1.78% | 20.27% | $16 003 104 571 |  |
|
| 12 |  AVAX |
Avalanche predictions | 70.8% | 63 | $39.30 | 1.97% | 12.71% | $14 856 715 340 |  |
|
| 13 |  DOT |
Polkadot predictions | 68.8% | 59 | $7.43 | 0.44% | 11.48% | $10 679 472 181 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 82.8% | 24 | $66 794.05 | 0.52% | 4.47% | $10 378 708 956 |  |
|
| 15 |  STETH |
Lido stETH predictions | 95.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
