The cryptocurrency market, including Bitcoin and altcoins like Solana, is recovering and showing positive momentum. Solana's price is currently at $240 with a 1.3% gain, and recent on-chain data has revealed significant accumulation of Solana by whales. This accumulation by large holders is often a bullish sign, suggesting potential for a major breakout in the Solana price. If buying pressure continues, Solana could challenge the $260 resistance and potentially rally to the $500 level. However, if the price struggles to sustain above $230, there could be a prolonged correction in December with potential support levels at $200 and $180.



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