Solana Price Soars to New Highs, Reaches $213 Barrier

The Solana price has been on a strong upward trajectory recently, surging 1.82% over the past 24 hours to reach $208.69. This surge is largely fueled by significant trading volume and investor optimism, with market cap currently at $112.85 billion. This growth follows a week-long climb of over 11%, surpassing the psychological mark of $200 and solidifying its short-term uptrend. A key driver for this move is the launch of Solana micro futures by Robinhood, which has added fuel to market optimism. Moreover, the rising open interest in futures contracts adds further momentum to SOL’s upward trend. 1.82% over the past 24 hours. While these positive developments have fueled bullish sentiment, regulatory uncertainty surrounding Solana ETFs remains a factor to watch. The SEC’s delay of three ETF filings has triggered some concern, as it could impact the broader investment landscape.