Solana (SOL) price is upholding a robust bullish outlook, trading at $191 on Monday, following a steady near 25% increase in July. The bullish picture has been reinforced by growing demand for the smart contracts token from both institutional and retail investors.
Solana (SOL) price posts mild gains, trading around $160 at the time of writing on Tuesday, as the SOL Foundation signs a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA).
Solana (SOL) price surged past $184 on Wednesday, marking a 25% gain in May. The rally follows a fresh capital injection by DeFi Development, reaffirming institutional confidence in Solana’s blockchain ecosystem amid favorable macroeconomic signals.