Over the past 24 hours, Solana has shown impressive growth – its exchange rate has increased by 12.6%, overcoming the psychologically important mark of $200. Such growth was the result of active demand from both retail investors and institutional market participants.

Analysts draw attention to interesting dynamics: three large SOL holders transferred more than 226,000 coins to exchanges. Typically, such transactions indicate a possible profit fixation, which can create a short-term pressure on the price. However, the demand for Solana remains high, which allowed the exchange rate to hold above $200.

Solana continues to be one of the most promising platforms due to its high transaction speed and widespread implementation in DEFI projects and NFT platforms. Experts note that the current increase in the exchange rate may stimulate further influx of investments, although the market volatility remains significant.

According to analysts, short-term fluctuations are possible in the coming days, but long-term prospects remain positive. The development of the Solana ecosystem, including new partnerships and projects, strengthens its position among the leading cryptocurrencies.