Solana Prices Surge, Driven by Presale Frenzy and Growing DeFi Demand

Solana (SOL) continues to climb, currently trading above $220 as investors eye the potential for a breakout towards $240 or even higher. While short-term predictions are mixed, analysts anticipate continued range-bound movement until decisive price action takes place. Solana’s long-term outlook remains bullish, with forecasts suggesting it could reach $300-$400 by year-end and possibly exceed $1,000 in the coming years if institutional interest continues to grow.