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

Solana 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, gaining momentum as institutional investors poured billions into Solana treasury strategies with corporate treasuries now holding 6.49 million SOL tokens.