Solana price is up today, and charts suggest it could be en route to new all-time highs.

Solana $SOL price continues to rally, rising by over 6.5% in the past 24 hours and reaching an intraday high of $183 on July 26. The recent gains take cues from an uptick in tokens within the Solana ecosystem, increasing network activity and a strengthening market setup.

Multiple tokens in the Solana ecosystem have been recovering over the last 24 hours, mirroring a recovery across the broader crypto market.

Data from CoinMarketCap reveals that the total market capitalization of cryptocurrencies built on the Solana blockchain has seen significant gains in the last seven days, from $220.93 billion on July 19 to $234.70 billion on July 26.

Jupiter ($JUP ) posted the most daily gains, rising 10.72% over the 24 hours and 4.28% in the last seven days. Pyth Network ($PYTH ) followed with 8.65% over the last 24 hours and 10.47% over the last seven days.

SOL now trades higher inside the handle range and is pursuing a recovery toward the neckline resistance at $186. Afterward, a decisive daily candlestick close above the neckline could lead the SOL price to $252, up 35% from the current levels.