SOL, the native cryptocurrency of the Solana ecosystem, is outperforming the broader market with a steady recovery force this week. The buyers defy the Bitcoin price drop below $70000 and maintain sustainable growth for SOL price above $70. Under the influence of the bullish reversal pattern Cup and Handle, the SOL price projects a steady bullish trend for the near future. For more detailed insight on Solana’s future projection. check out our SOL price prediction. An analysis of the daily chart shows a U-shaped recovery in SOL price which projects the formation of a cup and handle pattern. This chart pattern is an indication of a downtrend bottoming for an asset and the initiation of a fresh recovery trend.