Solana Reaches New Highs, Could Hit $250 Mark as Sentiment Improves

Solana (SOL) is experiencing a surge in price, surpassing the $207 mark and reviving hopes for reaching the $250 target. This rebound follows weeks of consolidation, fueled by positive market sentiment and fresh institutional interest. Traders are attributing Solana’s strong performance to expanding decentralized finance applications and increasing investment from institutional players. Analysts predict a sustained rally if the momentum continues.