Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month – Here’s Why

Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month – Here’s Why


SOL, the native token of Solana, has demonstrated exceptional performance once again, surpassing all other prominent cryptocurrencies in the market.

The proof-of-stake blockchain platform had a notable increase of nearly 18% in value on the day after remarks made by Cathie Wood, the CEO of Ark Invest, who highlighted the robustness of the Solana network.

Solana has experienced a significant upward trend during the year, which some experts have interpreted as a price correction following a prolonged period of undervaluation.

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According to Coingecko, there has been a significant increase of over 50% in the past week. The value of the token has experienced a significant increase of over 340% throughout the current year.

Speaking on Tuesday’s “Squawk Box” with CNBC, Wood praised Solana’s impressive performance. Reflecting

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