Solana gained 3.82% today, lifting its price to around $220 and outperforming most altcoins.
Its market capitalization climbed above $97 billion, securing its position among top crypto
assets.
Trading volumes crossed $6 billion in the past 24 hours, signaling strong retail and institutional
demand.
Solana’s fast transaction speeds and low fees continue to attract developers and projects.
DeFi and NFT platforms on Solana recorded higher activity, fueling more transactions.
Analysts are now watching the $225 level as the next key resistance for SOL.
Positive sentiment has boosted inflows as traders rotate capital from other altcoins.
Retail demand has been particularly strong in Asia and Europe during today’s trade.
Institutional investors are slowly increasing exposure to Solana as part of diversification.
Solana remains among the top-performing cryptocurrencies in early September trade.