CandleFocus Solana Jumps to $200 as Bitcoin Price Sets Another All-Time High
2024-11-08
Author: Content Editor
The cryptocurrency SOL is trading at $200, experiencing a 7% increase in the last 24 hours. Over the past week, SOL has seen a rise of 18%, making it one of the top-performing coins among the top 20 by market cap. In comparison, Bitcoin has increased by 9% in the last week, reaching a price of $76,170. SOL is still 23% lower than its all-time high price of $260 in November 2021. SOL is a layer-1 blockchain network used for launching tokens and building decentralized applications. The recent boost in SOL's price is attributed to Bitcoin's new records and the expectation that Solana ETFs will be approved under a Trump administration.
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