Home » Altcoins

Solana Hits New All-Time High After Donald Trump’s Memecoin Launch

18.01.2025 18:40 1 min. read Kosta Gushterov
SHARE: SHARES
Solana Hits New All-Time High After Donald Trump’s Memecoin Launch

Solana (SOL), one of the leading cryptocurrencies globally, has reached a new all-time high, driven by unexpected developments that caught the market’s attention.

The surge followed the announcement that U.S. President Donald Trump had launched a memecoin operating on the Solana blockchain.

This unusual move fueled significant excitement among investors, propelling SOL’s price beyond its previous record.

Currently trading at approximately $251 after a slight correction, Solana managed to surpass its previous high of $263. The altcoin experienced a remarkable 20% price increase in the past 24 hours, although its volatility remains notably high.

Despite this impressive rally, Solana holds its position as the fifth-largest cryptocurrency by market capitalization, trailing just behind Tether.

Telegram

SHARE: SHARES
More Altcoins News

Support CryptoDNES

QR for the Bitcoin/Ethereum Address:

QR for the Bitcoin/Ethereum Address:

No Comments yet!

Your Email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.