The price of Solana has kicked off the new year on an upswing following a post-Christmas decline that took SOL below the psychologically important $200 price point.

Solana began surging from lows of $187 on Jan. 1 and hit intraday highs of $209.18 in Thursday’s trade — marking SOL’s highest price since December 19. SOL has risen over 10.8% over the past day to settle at around $206.89. It’s now down 21.3% since setting a new all-time high price mark of $263 in Nov...