Solana Price Surges to Seven-Month High Amid Renewed Demand

Solana (SOL) has reached its highest price in seven months after climbing 10.75% to $112.28, surpassing a key resistance level at $110.

The token's breakout above this barrier puts nearby levels of $115 and $120 within focus for traders.

Solana's derivatives trading volume increased by 71.64% to $12.17 billion, while futures open interest rose by 18.44% to $7.01 billion as traders added new positions.

The Solana ETF assets reached $1.42 billion, with cumulative inflows totaling $1.37 billion, although daily flows were flat.