Solana Surges Past $90 After SEC Regulatory Framework Unveiling

Solana's SOL token surged approximately 25% over the past week, breaking through the $90 barrier for the first time in months.

This significant upward movement occurred in the wake of the U.S. Securities and Exchange Commission unveiling a proposed regulatory framework for digital assets.

Market activity intensified dramatically, with trading volume jumping nearly 50% to reach $9.5 billion, accounting for approximately 17% of SOL's total circulating market capitalization.

The Crypto Fear and Greed Index surged from 36 (neutral sentiment) to 76 (greedy sentiment) throughout the week.