Solana Surges Above $117 As Meme Coin Craze Extends Market Momentum

Solana Surges Above $117 As Meme Coin Craze Extends Market Momentum
The native cryptocurrency of Solana continued a spectacular climb that has already lasted three weeks by breaking beyond the $110 mark on Sunday morning. This is a strong demonstration of resilience. The price of SOL has surged, reaching a level not seen since the night before Terra collapsed a year and a half ago. This coincides with a substantial uptick in meme coin activity in the cryptocurrency space, which is helping to increase the platform’s acceptance and appeal. Solana Surges: 400% Rally Sparks Crypto Renaissance The remarkable rise of Solana over the last six months has been nothing short of spectacular, as the cryptocurrency has seen an incredible 400% rally. Related Reading: ALGO Blows Up To 42-Week High, Delighting Algorand Fans As of this writing, Coingecko data indicates that SOL is holding a fluctuating position in the $110–$117 price range, up 21% over the past seven days and sustaining a strong 60% increase over the past week. Part of the reason for the current increase in Solana’s value is the industry’s general rebound in cryptocurrency. A considerable rise in marke ..

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