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.
A new report from on-chain analytics platform Santiment has identified standout crypto projects that posted the largest gains across various performance metrics during June 2025.
The move follows the exchange’s routine asset evaluations, which are aimed at maintaining quality standards and user protection.
Sui (SUI) has gone up by nearly 4% in the past 24 hours and its performance is diverging from that of other altcoins after some interesting technical news. Popular trading accounts on X pointed out that Sui’s trading volumes in June surpassed those of well-established tokens like BNB Coin (BNB) and Hyperliquid (HYPER) by $7 […]
The U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), finalizing its transition from an over-the-counter product into a fully regulated ETF structure.