Solana's native cryptocurrency, SOL, witnessed a remarkable 18% surge in price leading up to February 13, surpassing BNB in market capitalisation to secure the third position among cryptocurrencies.

This surge, driving SOL to $115, was fueled by factors like airdrops and Solana's reputation for cost-efficiency and user-friendliness.

Despite some underperformance against competitors, SOL bulls remain optimistic about its potential for further gains, with airdrops and user-friendly features contributing to its recent rise.

However, there are concerns about whether these factors can sustain the momentum towards $120 and beyond.

While Ethereum's network rollups attract seasoned investors for scalability and reduced costs, Solana's simplicity attracts newcomers, especially for NFT launches and airdrops, offering efficient handling of peak loads.