Solana's native token, $SOL, has surpassed the $200 mark for the first time since February 2025, reaching a peak price of $210. This milestone follows a nearly 28% price increase over the past month, accompanied by robust trading volumes of $13 billion within 24 hours. The surge in $SOL's value coincides with Sol Strategies revealing a treasury holding of 400,909 $SOL, which it is growing by reinvesting validator revenue rather than making direct market purchases. Market analysts are now targeting a $250 price level as the next resistance point, with some investors optimistic about further gains. The token's recent upward momentum reflects growing investor confidence in the Solana ecosystem.