Solana Soars to New Heights: $1.65B Treasury, Upgrades Fuel Breakout Rally

Solana’s price has exploded over 125% this year, reaching just under $219 as analysts predict a potential rise to $300 before the year’s end. This breakout is fueled by several factors, including institutional investments in its new treasury fund, major network upgrades aimed at improving speed and efficiency, and a growing number of meme coin projects shifting their activity from Ethereum to Solana.