Solana has once again broken the historical record of cost

The Solana cryptocurrency SOL $184.91 Solana -0.24% Market capitalization $88.63 billion VOL. 24 hours $0.72 billion has set a new all-time high, exceeding $ 263. The achievement was accompanied by a price increase of 11% per day and 55% per month. This demonstrates a rapid recovery after periods of volatility.

Solana, developed with the involvement of Ukrainian specialists, has reportedly become one of the most dynamic cryptocurrencies on the market. Over the past year, its price has increased by 158%, rising from $ 8 to the current level.

The growth is accompanied by the active development of the ecosystem, including decentralized finance (DeFi), NFT projects, and the popularity of meme tokens.

At the time of writing, Solana’s price reached $ 260.61, its market capitalization is $ 123.71 billion, and daily sales reached $ 10.94 billion.

Photo: coinmarketcap.com/

• Technical stability: developers have significantly improved the network, which has increased its reliability.
• Ecosystem: Solana-based projects such as Raydium and Jito are generating significant revenue, while NFTs and memo tokens are attracting new users.
• Political shifts: Crypto-friendly policies and news of an upcoming change in SEC leadership in the United States have contributed to overall market optimism.

It is noted that today Solana is the second largest blockchain platform for creating smart contracts. The Solana ecosystem is already estimated at $ 348 billion, which confirms its importance for the crypto industry.

Solana’s growth is expected to continue as more and more projects integrate into its ecosystem.

Last week, the volume of cross-transfers to the Solana blockchain exceeded $ 200 million. According to Odaily, one third of these funds were transferred via the deBridge protocol. It provides cross-transfers between different blockchain networks.