Solana Surges To 22-Month High As Bitcoin Rallies
Solana (SOL) reached a 22-month excessive of $136 this week, after Bitcoin’s rally to $64,000 boosted the broader cryptocurrency market.
Whereas Bitcoin stays the dominant crypto, it is down barely over the previous day. Nevertheless, it’s up 19% within the final week. Ethereum is buying and selling round $3,450, after gaining 16% for the week.
Whereas Bitcoin’s developments look like influencing the market, Solana itself has seen vital development and renewed optimism in current months. After dropping to just about $8 in December 2022 because of the FTX collapse, Solana has rebounded dramatically, rising over 500% previously yr alone.
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