Solana’s SOL token has climbed 40% over the past week, briefly reaching almost $110 on August 28, its highest level since January. It was trading around $105 at the time of writing, giving it a market capitalization of roughly $61 billion, according to CoinGecko. The broader crypto-market recovery, rising institutional interest, eight consecutive positive days for spot SOL ETFs and renewed buying by whales have supported the move. Analysts on X offered targets ranging from $70 in a bearish scenario to $1,000 in an optimistic one, with $98 seen as an important support level. Ethereum briefly moved above $2,500, while exchange balances have fallen by 1.4 million ETH since June, reducing immediate selling pressure. Bitcoin has traded between $79,000 and $81,000, but analysts disagree over whether it is entering a bull run or risks falling below $60,000, or even to $50,000 by November, if it cannot break above $82,000-$83,000.