Solana (SOL), the fourth-biggest crypto by market cap, is now worth $200 per coin for the first time in seven months, breaking the barrier shortly after Bitcoin set another new all-time high price.
SOL is now trading hands for $200, according to Coinbase data. That’s a rise of about 7% in 24 hours.
It is one of the biggest winners—out of the top 20 coins and tokens by market cap—over the past week, having jumped 18% in seven days.
Bitcoin, by comparison, is up 9% over the last week at a current price of $76,250, dipping slightly after touching a new peak price of $76,872 on Thursday. The leading crypto broke its previous record of $73,737 on Tuesday night on Election Day as President-Elect Donald Trump appeared to be on track to secure a second term in the White House.
Solana is still approximately 23% down from its all-time high price of about $260 set in November 2021.
Solana is a layer-1 blockchain network that can be used to launch tokens and build decentralized applications—anything from games to
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Author: Mathew Di Salvo
