Solana (SOL) recently saw a price surge, fueled by the hype around meme coin trading.
This rally came after the launch of the TRUMP token on January 18, 2025.
However, the excitement was followed by a delay in Solana transactions, which affected users.
Coinbase CEO apologized for the issue and promised improvements to the platform, especially during high-demand periods.
Despite the temporary setback, Solana’s outlook remains strong. Analysts are still optimistic about Solana’s future, especially with the possibility of a spot Solana ETF approval in the U.S.
The token could challenge its all-time high (ATH) of $294.33, especially if it breaks through the $280 resistance level.
