CandleFocus

Solana Hits All-Time High Price Two Years After FTX Nearly Sent It to Zero

Solana (SOL) has reached a new all-time high, surpassing the $260 mark. This rise in price follows the election win of cryptocurrency advocate Donald Trump and the news of SEC Chairman Gary Gensler's resignation. SOL has experienced significant gains in recent days, weeks, and months, with a one-year surge of 386%. Solana faced challenges in 2022 but has made progress since then, with efforts to improve stability and expand into mobile phone hardware and apps. Bitcoin has also set a new all-time high, exceeding $98,000.

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