The price of Solana (SOL) has experienced an impressive rebound, surpassing the psychological barrier of USD $100 and reaching recent highs of USD $107 after posting a daily gain of more than 10%. This move has positioned it as one of the best-performing cryptocurrencies, far outpacing Bitcoin’s trend. [1]

The strong surge is mainly due to a combination of internal network decisions and macroeconomic factors in the crypto market: