Solana Soars Past $200: Institutional Moves Spark Explosive Growth

Solana is making waves in the crypto market, with the token surging past the $200 mark to reach an intraday high of $205.87 before settling near $201.44. This 22.59% surge over the past seven days has propelled its market capitalization beyond $108 billion. The rally is fueled by key developments, including Upexi’s announcement of a Solana-focused advisory committee led by Arthur Hayes, a prominent figure in the crypto space.