CandleFocus Solana’s bull run is 1 year old today
2024-10-14
Author: Content Editor
The news content discusses the bull run of Solana (SOL) over the past year. It highlights how the price of SOL has appreciated significantly, reaching a peak of over $200 in March. The article mentions that the downtrend of Solana ended when former FTX CEO Sam Bankman-Fried went on trial for fraud, and the market realized that FTX estate sales of SOL would not be as catastrophic as feared. Token airdrops and the popularity of memecoins also contributed to the bull run. The article acknowledges that the price trends cannot last forever, but notes that those who timed the bull run correctly made life-changing profits.
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