At the time of writing, SOL was barely up 1% in the last 24 hours to $169. The token, however, remains higher at 21% weekly.
The latest rebound follows as Solana rose steadily from lows of $121 on July 5. Since then, bulls have driven Solana higher, signaling strong demand. If this rebound scenario sustains, Solana could climb to $180 and eventually to the $200 level.