Solana Price Surges on Strong Institutional Demand and Protocol Upgrades
The price of Solana's native token SOL surged by 11.04% to $85.37, marking its highest level in recent times.
Despite this volatility, Solana remains above key moving averages, indicating ongoing bullish momentum for the asset.
Recent upgrades to the Solana protocol have improved network efficiency and increased on-chain participation, driving demand for SOL among investors.