Krutika Adani
In the last 30 days, Solana ($SOL) outgrew Bitcoin, achieving 46% gains compared to BTC's 45%, even as Bitcoin reached a new all-time high of $100k.
In just seven days, Solana outpaced Bitcoin by 4.5%, maintaining its momentum without the backing of an ETF.
Memecoins have fueled Solana’s price surge, adding speculative energy to its growth trajectory.
Experts warn that Solana’s rapid ascent may not be sustainable, citing potential overdependence on hype and lacking foundational support like ETFs.
If a Solana ETF emerges, its price could see further exponential growth, potentially solidifying its position as a major crypto asset.