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.
Solana developers have introduced a new proposal aimed at pushing the network’s performance even further.
French banking giant Societe Generale has entered the crypto space more directly, forming a strategic partnership with 21Shares.
Toncoin is about to get a major institutional boost. The Ton Foundation and Kingsway Capital have teamed up on a bold initiative: raise $400 million to create a crypto treasury entity focused entirely on Toncoin.
The legendary trader who once turned a $7,600 investment into $25 million by betting on Pepe (PEPE) once it was on no one’s radar claims that this same meme coin could rise by 40X soon. This bullish Pepe price prediction was shared by James Wynn via his social media account on X – currently followed […]