Solana Price Soars Amid Record Network Activity

Solana's price has been on a tear this month, rising over 40% to reach $101.30 on September 1.

Analyst Ali Martinez sees the market structure turning bullish and is calling for a move to $150 before the end of September.

This comes after Solana processed a record 5.2 billion non-vote transactions in August, up 23% from July's previous high.

Solana ETFs have seen significant inflows, with daily inflows reaching $925,010 on August 31 and total assets reaching $1.44 billion.

However, Martinez notes that for the $150 target to come into play technically, Solana must first push above $110 and then clear $120.