Solana (SOL) surpassed $200 on November 8, driven by positive market factors and ecosystem growth.Coinbase's launch of cbBTC on Solana aims to expand Bitcoin's presence within the DeFi space.cbBTC's success on Solana addresses a gap left by soBTC, signaling a shift in DeFi integration.Solana's surge in price was driven by a crypto-friendly sentiment and anticipated outcomes from the upcoming FOMC meeting.