Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»TRADING NEWS»Solana has grown a whopping 764% this year, surpassing $100.
TRADING NEWS

Solana has grown a whopping 764% this year, surpassing $100.

By Crypto FlexsDecember 24, 20234 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Solana has grown a whopping 764% this year, surpassing 0.
Share
Facebook Twitter LinkedIn Pinterest Email

On Saturday, Solana (SOL), the token of smart contract platform Solana, surpassed the $100 threshold and achieved weekly growth of over 36% against the US dollar. Investor sentiment for Solana (SOL) has strengthened since former FTX CEO Sam Bankman-Fried was found guilty on multiple charges on November 2, 2023, and Solana (SOL) has remained strong throughout the year. ), investor sentiment was overwhelmingly positive.

advertising

Solana’s Mayoral Victory

In the past year, Solana (SOL) has seen an impressive gain of 764% against the US dollar, surpassing the $100 milestone on December 23, 2023. This price range for SOL has been unprecedented since April 2022, when the cryptocurrency overtook BNB. It becomes the fourth largest company by market capitalization. Currently selling at a price of $102 per coin, SOL boasts a market cap of approximately $43.58 billion. On Saturday, the coin’s daily trading range was between $93 and $104.

Over the past month, SOL has seen an increase exceeding 80%, with an increase of nearly 38% in the past two weeks alone. SOL is up 6.6% in the last 24 hours and is up more than 36% against the dollar for the week. With a global trading volume of $3.26 billion in 24 hours, Solana had the 5th highest trading volume this weekend. Tether (USDT) currently leads as the top trading pair on SOL, followed by USD, KRW, BTC, EUR, and the stablecoin FDUSD.

The Korean Won’s share of SOL’s 24-hour global trading volume this weekend is 6.69%. In Korea, Solana is experiencing a ‘kimchi premium’, trading at $106.80 on Upbit and $106.95 on Bithumb, which is more than 4% higher than the global average of $103. Despite the sale of SOL tokens by FTX Bankruptcy, enthusiasm for SOL has not waned. Additionally, a portion of Solana tokens resulting from the FTX bankruptcy will be vested or locked for a long period of time.

After Sam Bankman-Fried was found guilty on November 2, 2023, the value of SOL soared from $40 to $56.67 in a week. The Solana ecosystem itself is experiencing significant expansion. The total value locked (TVL) of the Solana network, which had previously been declining, is starting to recover, indicating a resurgence of interest and trust in the platform. Sales of Solana-based non-fungible tokens (NFTs) have surged significantly, recently surpassing Ethereum and ranking second last week behind Bitcoin-centric NFT sales.

Despite recent support, not everyone supports Solana (SOL). A critic who goes by the name “Defi Made Here” (DMH) and his 36,600 followers said he was “connected to Sam/Alameda/FTX and all the coins were Sam coins by default and were filled immediately.” He stated that he avoided SOL for various reasons. “When I bought Sam coins on FTX, they weren’t filled when I sold them, and the chain would go off and on every week, which I later found out was due to Sam liquidating people and the unreliable bridge.”

With the cryptocurrency community divided between optimistic and skeptical, the future of Solana remains to be seen. Despite the uncertainty, hard market-driven data is favorably slanted, suggesting a bullish trend for SOL going forward. As the cryptocurrency world watches, a mix of hope, caution, and real metrics continues to shape the story of this dynamic digital asset. Despite surpassing $100 on Saturday, SOL is still 60% below its all-time high of $259 hit on November 6, 2021.

What do you think about Solana surpassing $100 per coin on Saturday? Share your thoughts and opinions on this topic in the comments section below.

Source: Bitcoin.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Do not invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Since April, Telegram Growth and Stacking have driven Funtoken’s price soaring

August 2, 2025

Bitcoin falls to $ 115K with the third main wave of profit, a new tariff tension.

August 1, 2025

Strategic Ettterim Protection Zone surpasses $ 10 billion as institutional interests increase.

July 31, 2025
Add A Comment

Comments are closed.

Recent Posts

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025

DLMining Releases 2025 ETH Contract Innovation Plan, Ushering In A New Era Of Inclusive Mining

August 2, 2025

XRP Rebounds On ETF Hopes As CryptoMining Firm Launches $8,100/Day Cloud Contracts

August 2, 2025

Since April, Telegram Growth and Stacking have driven Funtoken’s price soaring

August 2, 2025

Best visa stable coin encryption card

August 1, 2025

Hamieverse Taps Abstract To Power Its Debut Blockchain Game And Purpose-Driven Ecosystem

August 1, 2025

Pepe Dollar ($PEPD) Presale Picks Up Pace As Ethereum (ETH) Hovers Over $3,600

August 1, 2025

Meme Coin ‘$SATOSHI’ Heralding The Return Of Satoshi Nakamoto’s Vision Launches First Presale

August 1, 2025

Bitcoin falls to $ 115K with the third main wave of profit, a new tariff tension.

August 1, 2025

VFAT Farm Strategy Audit Summary

July 31, 2025

ETH Meme Coin Pepeto Ends Stage 6 With $5.770.000 Raised In Presale

July 31, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025

DLMining Releases 2025 ETH Contract Innovation Plan, Ushering In A New Era Of Inclusive Mining

August 2, 2025

XRP Rebounds On ETF Hopes As CryptoMining Firm Launches $8,100/Day Cloud Contracts

August 2, 2025
Most Popular

Bitget Wallet launches ecosystem token BWB with airdrop point program

March 18, 2024

A UK bank official says that the risk of Stablecoin suggests the influence on the core financial market in the UK.

April 13, 2025

FBI warns of cryptocurrency scams over fake work-from-home jobs

June 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.