Solana Surges Past $100 Amid Regulatory Boost

Solana's price has been steadily climbing, breaking above the $100 mark and eyeing its next target at $105.

The token's momentum is tied to recent regulatory developments, including the SEC's approval of a temporary exemption allowing tokenized U.S. stocks to trade on-chain.

This rule change has drawn renewed attention to Solana, given its existing infrastructure and institutional relationships aimed at hosting tokenized real-world assets.

Inflows into Solana-linked exchange-traded products have also picked up over the past week, adding another tailwind to the token's price action.