Solana’s Price Surge: Ripple’s Futures Launch Fuels Institutional Interest

Solana’s price has experienced a significant rebound over the past week, increasing by 15.93% according to recent data, fueling bullish sentiment among traders. Crypto analyst DonAlt believes Solana could reach $200, especially with geopolitical factors creating favorable conditions for alternative investments such as Solana-based DeFi protocols. The optimism surrounding the Solana ecosystem is further fueled by pending SEC decisions on ETF filings that include Solana, with hopes high that a new SEC Chair could expedite approvals and boost institutional adoption, potentially leading to a significant price rally.