Solana (SOL) has surged to an all-time high of $265, with its market capitalization surpassing $121 billion.
Solana's decentralized exchange (DEX) ecosystem commands 45% of the market share and has a Total Value Locked (TVL) of $9.35 billion.
Analysts identify key resistance levels at $271 and $309, which could trigger further price gains for Solana.
Despite potential risks, Solana's bullish momentum remains strong, with speculations of its price reaching $500 fueled by investor confidence and DeFi adoption.