In recent market movements, $SOL has gained strong momentum, emerging as a key performer in the altcoin space. After weeks of consolidation, $SOL surged over 8% in the past 24 hours, fueled by increasing developer activity and growing interest in Solana-based NFT projects. Analysts suggest that Solana’s fast transaction speeds and low fees continue to attract users and builders, positioning it as a serious competitor to Ethereum. With institutional interest rising and DeFi applications expanding on its blockchain, Solana may continue its upward trend if the broader market sentiment remains positive.