Solana Surges Ahead of Ethereum: Could It Reach $300 Soon?

Solana’s price has experienced a remarkable surge in recent days, increasing by more than 20% compared to Ethereum (ETH) in the past week. This significant jump puts Solana at its highest point since January, exceeding the $130 mark and now trading close to $133. Analysts attribute this growth to factors like expanding DeFi applications and growing institutional interest. However, questions about Solana’s long-term sustainability remain as network activity has dipped.