Solana has been performing rather solid this bull market as it's increased from around $25 to nearly $250 in some cases. However with the recent correction we are now seeing prices $225 still far higher than what they where.
But will Solana continue to rise?
Solana continues to grow in wallets and user base putting a small but growing strain on supply and demand. This small but increasing strain on the token along with it's reduction in inflation soon should help to continue to boost the value of the token.
We have also seen massive upticks in the amount of transaction volume coming out of SOL.
And last but not least we are also seeing a major uptick in DEX dominance and growth including in the DeFi sector showing for massive growth. I would suspect this one is mainly because of those juice APR numbers from the higher inflation this token currently has compared to others.