I think it is quite obvious that Solana got the pump because they were seen as "these guys are doing something" in a world where all other coins look like they are not really doing something. Don't get me wrong there are others that are doing "something" but not something new or brave or bold, they are doing things that everyone else does, and Solana out there trying to carve themselves a huge piece of the NFT pie and that is a big deal, why? Because, right now it is dominated by ETH market and that is very expensive because of the gas fee.

What does that tell us? When solana took over and did something major to include them, that means that you get to pay very little, nearly nothing, to do what you do at ETH with $40 gas fee and approval, which is why people moved to Solana and that caused the increase, it is still not at ETH level, not even near there, but it is at least getting more attention now.