Solana (SOL) has surged back to the $250 mark for the first time since January 2025, suggesting a potential peak in the altseason. This rise occurs amid declining Bitcoin dominance, which has allowed altcoins to gain traction. Historically, altseason peaks follow Bitcoin Halving events, but unexpected market corrections in early 2025 delayed this trend. The correction phase, deemed healthy, saw Ethereum bottom at $1,700, setting the stage for altcoin growth. SOL, which reached an all-time high of $294.33 eight months ago, is currently trading at $245. With a market cap exceeding $133 billion and a 24-hour trading volume of $8.8 billion, analysts anticipate new all-time highs for SOL, marking a bullish outlook for the altcoin market.