• SOL value broke above $200 for the primary time since December 2021.
• Gains got here as seek for “Solana” on Google Trends hit a 5-year top at 100.
• Solana value may goal its all-time top above $260 in coming weeks.

Solana (SOL) traded above $200 for the primary time since December 2021, hitting highs of $205 on Monday morning. SOL value has larger double digits up to now 24 hours, with the present value of $202 up 12%. Over the week, the altcoin is up 39% and its 85% during the last month.

Solana value up as seek on Google Trends hit all-time top

As SOL value surged to $200, information at the token’s reputation confirmed searches for the time period ‘Solana’ had larger considerably in fresh weeks. The Google Trends information presentations the cryptocurrency has skilled the very best reputation ranges of 100, surpassing passion ranges of 84 recorded in September 2021. 

At the time SOL broke to close $200 for the primary time, prior to happening to hit its all-time top above $260 in November 2021.

With a marketplace cap of over $89 billion, Solana has overtaken BNB because the fourth-largest cryptocurrency. The turn is a hallmark of Solana’s fresh surge, despite the fact that BNB has additionally spiked to $630 after rallying over 70% up to now 30 days.

Solana blockchain community’s explosive meme coin ecosystem is one issue, as is general traction within the DeFi house.

BTC, ETH search upside momentum

The positive aspects for SOL got here because the cryptocurrency marketplace skilled a slight bump in upside motion following closing week’s problem. As Bitcoin swung decrease from highs of $73k to below $66k, main altcoin Ethereum (ETH) misplaced traction close to $4,000 and dived to underneath $3,500.

At the instant, BTC value is again to above $68k as traders eye the following main tournament in the case of the impending Bitcoin halving. ETH is prone to goal a brand new all-time top above $4,800 in coming months and SOL may damage to a brand new ATH.