Solana has been making significant strides in the blockchain industry, surpassing all other blockchains in daily net flow and reaching a market cap of $116 billion. The SOL ecosystem has seen over $280 million bridged from other chains in the past week, with a large portion coming from Ethereum. PNUT, a memecoin based on the SOL ecosystem, has achieved a market cap of $1.9 billion in a short period of time, contributing to the ecosystem's success. Solana's price is currently $247.41 with a 2.8% surge in the last 24 hours. The question remains whether Solana can surpass its all-time high of $259.96, with analysts optimistic that it could be achieved soon. Solana's ability to maintain momentum and attract institutional investors will determine its long-term success.



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