2 main catalysts set to drive Solana (SOL) to a new record high

Solana (SOL) has recorded strong growth and is currently on track towards a new all-time high (ATH). Thanks to several key catalysts, SOL has the potential to reach a new ATH. These factors include:

1. Network upgrades and performance: Solana has implemented significant upgrades that have greatly improved reliability, scalability, efficiency, and transaction speed. This makes Solana more attractive to developers and users in the decentralized finance (DeFi) and NFT space.

2. Growing ecosystem: The rapid growth of the Solana ecosystem, with many decentralized applications and DeFi projects, has attracted the interest of investment institutions. This expansion could increase the demand for the SOL token, while the establishment of ETF funds for SOL could create additional price momentum for this coin.

If SOL continues to maintain its upward trend and surpass the resistance level of $250, it could be heading towards a potential price exceeding $300.