The Solana cryptocurrency has recently recorded a noticeable increase, surpassing the $150 mark. Analysts indicate the possibility of this upward trend continuing towards the $200 level. This rise was supported by data showing that trading volumes on Solana's DEX platforms exceeded the total trading volumes on the Ethereum network during February.

Despite some reservations about the volatility of the cryptocurrency market and the possibility of a price correction, the strong support seen for Solana's price at the $125 and $130 levels, along with the positive crossover of the MACD indicator, reinforces the current bullish outlook. Investors are closely monitoring the immediate resistance level at $161, while the $140 level remains a strong support area.