Solana hits new all-time high against Ethereum, but is $200 SOL price within reach?

Solana price could rally to $200 if SOL manages to flip $148 into a support level, technical analysis suggests.

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Solana’s (SOL) price hit a new all-time high against Ether on Aug. 7, and traders are eyeing a potential breakout of $200, a level not seen since March. 

SOL price has entered price discovery, hitting an all-time high o 0.06211 against Ether (ETH), according to data from Binance and TradingView.

The SOL/ETH trading pair has been forming higher highs on the daily chart since June 23, suggesting that more upside is possible.

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