The top end salary cap is just a cap. And it is there for a reason that is not necessarily advertised. If you have been in your role for 2-3 years, but someone interviews for your same role with 5+ years that could be their justification for providing the upper limit salary. It could also be there to attract someone who might be overqualified for the job but still willing to take the role.
You can apply and see. But unless that role is advertised at a higher tier than you currently are, I am not sure if you will accomplish your end goal. Sometimes it is just because of inflation, and sometimes an employer does not raise everyones salary at the same time, which I get is unfair. But it is also very common.
Do you have a good rapport with your manager? If so, talk to him/her, even if the solution does not give you that role, maybe you expressing your interest will cause them to give you some pointers on how to prepare for leadership roles or more challenging roles if that interest you.
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