Solana (SOL) has reached a seven-month high, climbing nearly 4% to nearly $225, driven by significant market flows. With institutional investors purchasing SOL and hopes of ETF approvals on the horizon, there's optimism for an end-of-year rally. Public companies have accumulated SOL positions, propelling the token's recent 25% increase over the last month. Experts like Matt Hougan from Bitwise suggest this momentum mirrors the movements seen with Bitcoin and Ethereum during previous rallies. SOL’s ecosystem is also strengthening, with leading applications considering buybacks and an anticipated airdrop of Meteora's MET token, further stimulating interest and volume. Recent trends indicate a favorable environment for Solana, setting the stage for potential new all-time highs amid crypto market growth.

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