Solana (SOL) has experienced a surge of more than 5.5% lately, with its trading price now reaching $100. The token is once more regaining the psychologically significant level of $100. The decision is made in the context of growing confidence that the enhanced technical configuration of SOL may signal larger increases in the future. How significant could the next surge in Solana’s value potentially be? SOL seems to be taking advantage of widespread strength among alternative cryptocurrencies at the moment in 2024, following gains in Bitcoin and Ethereum from the general lows in the crypto market. Market analysts from the TradingView platform have observed a classic morning star pattern emerging around the support zones for SOL, a pattern which often indicates a potential uptrend reversal. Additionally, there’s an article that discusses: Cryptocurrency: Three Alternative Coins That Might Surpass Bitcoin’s Performance in February. Additionally, SOL has successfully breached the resistance of the short-term downward trendline, paving the way for a potential reevaluation of this breakout point to establish it as a new foundation for support. As SOL approaches $100 again, speculation grows about its short-term prospects, with experts contemplating whether the coin could see a significant increase in value. Some experts believe SOL could test the strong $125 resistance level if there’s a clear shift in momentum towards buyers this February, coinciding with a wider positive trend in cryptocurrency markets. Meanwhile, some more daring analysts are not discounting the possibility of SOL challenging its all-time high near $260, or even soaring to $1000, citing previous exponential runs. Nevertheless, they are also mindful of SOL’s volatile history, acknowledging that exceptionally high gains in the hundreds or thousands of percent are not sustainable over the long term. In related news, Chainlink is under observation for a potential uptick, with predictions that it could reach $20.