Solana Surges Above $120: Are Bulls Ready for a Price Bounce Past $150?

Solana has emerged as a frontrunner in the crypto space, surpassing major chains like Ethereum and Binance Smart Chain (BNBChain). Recent data reveals it processed over $370 million in fees, solidifying its position. The momentum is further fueled by Fidelity’s pending spot ETF application and Grayscale’s latest ETF filing. 📈 The recent price rebound from a brief dip below $112.46 signals renewed bullish activity. Trading volume surged to nearly $5 billion, driven by substantial whale interest. This has led to a noticeable increase in investor optimism, with over 71% of traders now holding long positions on SOL.