The recent performance of Solana (SOL) has indeed been impressive, with its price hovering around $116 USD and showing signs of potential growth towards $140 USD. Analysts suggest that SOL has strong potential for further gains, especially considering Bitcoin's current market leadership and establishment of new price highs above $51,000 USD. SOL's recent growth of over 20% in the past 30 days and the long-term chart analysis indicating a parabolic recovery further support the outlook for reaching $140 USD. Despite temporary price corrections, buying pressure remains evident, with the Relative Strength Index (RSI) signaling dominance of the upward trend during the recovery phase. Looking ahead, SOL appears well-positioned to maintain strong growth momentum, aiming for levels near $150 USD by the end of the first half of 2024.

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