Will Solana Hit $500? Analysis Amidst Growing Bullish Sentiment and Competition with RTX Gains

Solana’s price continues to rally after breaking its structure, generating excitement for a potential surge toward the $500 mark before Q2 ends. Analysts cite key drivers like DeFi expansion, institutional interest, and surging whale activity as support for this bullish outlook. 100% surges are often seen with crypto’s volatility, especially on platforms like Solana. This resurgence is fueled by robust meme coin market growth and increasing institutional engagement as regulatory developments progress, notably the potential launch of spot ETFs.