Solana Eyes $200 as Price Rebounds Above $150 Amid Growing Optimism

Solana (SOL) has staged a strong recovery, rebounding from a recent low of $145.66 to reclaim the key $150 resistance level. As of now, SOL is trading at $154.41, marking a 3.36% increase over the past 24 hours, according to CoinMarketCap. Trading volume has also surged, rising nearly 10% in the past day to reach $4.28 billion, signaling renewed market interest.

Over the past week, Solana has gained an impressive 15.93%, fueling bullish sentiment among traders. Notably, prominent analyst DonAlt predicted that SOL could rally to $200, suggesting that the asset is benefiting from heightened investor interest driven by U.S. trade tariff dynamics.

Beyond price action, Solana’s ecosystem development is offering further support for its recovery. With regulatory clarity in focus, market participants are closely watching for the approval of key institutional products. Solana is among the frontrunners awaiting SEC decisions on pending ETF filings. Optimism is growing with the appointment of a new SEC chair, raising hopes that these filings may soon move forward, potentially opening the door to increased institutional adoption and further price gains.

As Solana continues to demonstrate strength, investors are keeping a close eye on both technical levels and regulatory developments that could shape the asset’s next major move.