Bitcoin is on fire this week, but it isn’t the biggest gainer among the top five cryptocurrencies by market cap. Instead, it’s Solana, which jumped up to a 22-month high on Thursday. And its spike may suggest interest from crypto traders to take advantage of other rising opportunities.

Solana is up 16% over the past 24 hours to a current price above $131, and rose slightly higher above $134 earlier Thursday morning. That’s the highest price that Solana has seen since April 2022, and represents a 26% leap over the past seven days.

If Solana rises a little more, to nearly $137, then it will set a more than two-year high. SOL last hit that level in January 2022, according to data from CoinGecko.

By comparison, Bitcoin is actually down less than 1% over the last day to a current price just under $62,400, but has climbed 21% over the past seven days.
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Author: Andrew Hayward

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