Solana Price Rally Hits 40%, Eyes $100 Resistance
Solana's price has been on the rise, reaching $102.59 in the previous 24 hours and currently trading at $97.08 on CoinMarketCap.
The token's eight-day rally represents a 40% increase, according to The Kobeissi Letter.
Record network activity, with 4.2 billion transactions processed in July, has supported the recovery, along with the growth of tokenized real-world assets on Solana, which reached nearly $4 billion.