Solana has once again updated its three-year cost record

The value of the cryptocurrency of the Ukrainian developer Solana SOL $123.65 Binance-Peg SOL -0.23% Market capitalization $0.14 billion VOL. 24 hours $0.62 billion has exceeded $ 245. This is the highest level since December 2021. The main catalyst for this growth was the network’s record commissions, which reached $ 9.3 million.

It is reported that the high activity on the network was caused by the renewed excitement around meme coins. Thus, five of the top ten protocols in terms of fees over the past day are associated with Solana.

It is noted that the largest revenues were recorded in the following projects:

• DEX Raydium — a record $ 13.37 million;
• Jito liquid staking protocol — $ 7.89 million;
• Telegram bot for trading meme coins Photon — $ 2.36 million;
• Pump.fun, a platform for launching meme coins — $ 1.65 million.

It is known that over the past 24 hours, the price of SOL has increased by 1.5%, and over the past week — by 17.4%. By the way, the historical maximum of the cryptocurrency was recorded at $ 259.9.

At the time of writing, Solana’s exchange rate was $ 254.02, its market capitalization was $ 116.28 billion, and daily sales stood at $ 7.90 billion.

Solana recently made a significant breakthrough, breaking through the $ 201 resistance level that had been in place for eight months. Reaching a market capitalization of $ 100 billion, Solana became the fourth cryptocurrency with such a valuation on the market.