Solana price surges 10%, outpacing Bitcoin, Ethereum, and XRP as investor interest shifts, marking today’s top crypto gain.
With a remarkable 10% increase today, Solana price thrives in the cryptocurrency market despite the previous decline.
Furthermore, it establishes the patterns for other cryptocurrencies since it is evident that Ethereum, Bitcoin, and others are also trying to rebound, owing to whale accumulation, information on new macro events, and other factors.
Solana Price Has Increased By 10% Today, Now Surpassed $200
Following a two-day resistance battle between $200 and $205, Solana price has finally recovered significantly today, rising 10% on charts.
In addition to showing its superiority when BTC, ETH, and other cryptocurrencies decline, it has gained around 15% over the week.
With a market valuation of $110.77 billion and a current price of $204.93, SOL has only experienced a 10% increase in the last day.
Its trading volume has also increased to $9.52 billion, indicating strong investor confidence.
Institutional Demand, Altcoin Rotation, Other Factors Supporting Solana Price Rally
Prominent figures support the SOL, such as Pantera Capital, which intends to raise $1.25 billion to establish Solana Co., a public treasury corporation.
Jump Crypto, Galaxy Digital, and others are working toward the same goal.
According to reports, the current Solana treasuries own $695 million, or around 0.69% of the total supply.
This is sufficient to move the cryptocurrency from retail to institutional markets.
There is debate on the SEC’s position on the spot Solana Spot ETF Filings.
Leading analysts such as Bloomberg forecast a 99% approval rate for the prospective mid-October deadline, which would support the Solana price increase.
Notably, the capital rotation is one of the most important of these.
Cryptocurrency experts have seen that liquidity is shifting from Bitcoin to popular altcoins like Ethereum, Solana, and others, which is driving their upward trend.
Since Bitcoin’s dominance has dropped to 57.3%, the odds of altcoin season are booming once more.
Investor choices for assets like SOL and others are also influenced by the AltSeason index, which is now climbing and stands at 44.
Crypto Market Is Revived By EU’s Plan To Remove Tariffs On American Goods
Notably, as the European country prepares to eliminate all tariffs on American industrial goods, Solana and other cryptocurrencies are exhibiting indications of recovery in response to the tariff news.
Financial analysts see it as a good agreement for markets, even though they anticipate the United States will reduce its auto tax in return.
BREAKING: The European Union will propose removing all tariffs on US industrial goods in an effort to meet President Trump’s demands.
In exchange, the US is expected to lower tariffs on automobiles coming from the EU.
— The Kobeissi Letter (@KobeissiLetter) August 27, 2025
Additionally, the market may turn positive due to the US-EU trade agreement, which would lower industry costs and boost the expansion of the automotive sector.
The cryptocurrency market is already feeling the effects, as evidenced by today’s 2% increase in market capitalization.