Solana is moving towards its all-time-high value with a 30% hike from its one-week ago value. So, will Solana be able to achieve it, or is it just a false call that the market volatility will take over Solana? Let’s discuss that in this blog.
Solana Price Analysis
Solana is ranked number 5 on Coinmarketcap because of its market cap, which is $58,923,820,237 after a 3.6% hike. It is a proof-of-stake blockchain that offers Smart Contracts functionality and has its native token SOL.
SOL is trading at $132.79, a 3.25% hike from yesterday’s value, with a trading volume of $3,216,803,291. This price increment is because of the increased transactions, as the volume has hiked by more than 12%.
Comparing it to the previous week, SOL prices have increased by 30% from the previous $103 to the currency of $132.79. This value has broken the record of the last 22-23 months as a higher peak seen after two years. The last time it peaked this much was after the six months of its all-time-high reco
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