Posted 3/15/2024, 6:46:02 PM
Solana Market Cap Hits New High as Developers and Traders Flock to Fast, Cheap Blockchain
- Solana's market cap hit an all-time high over $82 billion on Friday before dropping slightly to $80.5 billion
- Solana (SOL) price topped $185, its highest level since December 2021
- SOL is up 9% in the last 24 hours and 21% over the past week, making it a top performer
- Solana has rebounded in popularity thanks to fast, cheap transactions, drawing developers, brands like Visa and Shopify, and meme coin traders
- Meme coins like BONK and Dogwifhat that are gaining traction are boosting interest in Solana