SOL Breaks $230, Touches $240 for First Time Since January – Is Solana Season Finally Here?

Solana (SOL) surged to $240 for the first time since January, with its market capitalization reaching a new all-time high of $126 billion to overtake BNB as the fifth-largest cryptocurrency. The rally gained momentum as institutional investors poured billions into Solana treasury strategies while Galaxy Digital CEO Mike Novogratz declared the market is entering a “season of Solana.” Corporate treasuries now hold 6.49 million SOL tokens, with rapid expansion accelerating institutional adoption. Galaxy Digi ...