Solana (SOL) has surged by 21% over the past week, pushing its price to $117. Despite this recent strength, SOL is still down 44% from its value one year ago.
The digital asset's peak of $295 was reached in January 2025, and recovering to that level would require an additional 152% advance from current levels.
Network fees have plummeted by 97%, declining from $33 million daily to approximately $1 million.
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