Solana (SOL) has experienced a surge in price, outperforming the rest of the bullish market with an increase of over 10.1% in the past day, reaching a monthly peak of $22.50. One factor prompting excitement around Solana is the release of Saga, an Android smartphone powered by the Solana blockchain, on April 13, which is expected to let users mint their own NFTs from anywhere and access the wider Solana-based ecosystem of apps and projects. The network's fundamentals have been steady since the start of the year, with no significant improvement, and NFT trading volumes have declined. Nevertheless, Bitcoin's breakout above $30,000 has sent a bullish impulse throughout the market, with Cardano (ADA) and BNB also experiencing hefty rises of more than 5% over the past 24 hours.

(By Nivesh Rustgi)