In 2023, Solana (CRYPTO: SOL) was one of the best-performing cryptocurrencies, up more than 1,000% for the year at one point. While that performance might be impossible to top in 2024, there's reason to think that Solana still has plenty more upside from its current price of $100.

In fact, Solana might now be on a trajectory to reclaim its all-time high of $260 by the end of 2025. Let's take a closer look at what needs to go right for Solana for this to happen.

One of the most promising signs for Solana has been the rapid growth taking place on its blockchain network. New users, for example, recently surged to their highest level since 2022. Overall network activity, as measured by metrics such as Total Value Locked (TVL), continues to show signs of improvement.

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Source Fool.com