Solana has reached a new all-time high price of $270.67 before declining to $255 at the time of writing. The rise in price was attributed to US President Donald Trump launching a memecoin on the Solana blockchain. Analyst Andrew Kang believes that SOL could potentially reach $500 this year, which would give Solana a market cap of around $250 billion. The cryptocurrency market is debating how high SOL can go.



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