#CryptoExplorerFiesta $SOL

Solana Price Breaks Through $200 Again After 7 Months

Solana (SOL), the world’s fourth-largest crypto by market cap, hit the psychological price of $200 for the first time in seven months. Before returning to around $197 per coin.

Solana is riding high after Bitcoin hit a new record in the past week. Solana is one of the biggest gainers in the top 20 cryptos by market cap over the past week, surging more than 17%.

Solana’s price has skyrocketed due to increased network usage and promising technological developments. In addition, the issue of a proposed Solana ETF has added to the positive sentiment.

While there is optimism among Solana network users about the potential for further upside, there are also concerns about low capital inflows and changing market sentiment.