SOL rebounds alongside wider crypto market bounce: Is $160 possible?

Cointelegraph.com NewsSOL price rallied to $140, but weak derivatives market metrics and stagnate network fees show limited investor confidence. Is a retest of the $160 possible? 

​SOL price rallied to $140, but weak derivatives market metrics and stagnate network fees show limited investor confidence. Is a retest of the $160 possible?