Solana Price Surges as On-Chain Activity and Meme Coins Rise
Solana $SOL has seen a steady rise, gaining 3% on Monday to reach $152.94. Its market cap is now $71.67 billion with a trading volume of $11.17 billion. This price surge is driven by the growing popularity of Solana-based meme coins like Daddy Tate $DADDY and Billy $BILLY , along with increased on-chain activityâup 7% in the past month.
Higher transactions and active addresses are boosting SOL demand. With strong bullish momentum, Solana could retest highs around $208, and possibly reach $250-$300 if growth continues. However, investors should watch for market volatility and supply inflation risks.
