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Solana at Its Peak: 386% Growth

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22.11.2024

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The price of Solana (SOL) has surged by 11% in a single day, and by 23% over the past week and 55% over the past month. The main driver of this growth is the news about the resignation of SEC Chairman Gary Gensler in January 2025, along with the potential introduction of spot ETFs for SOL in the U.S. Over the past year, the coin's price has increased more than four times (386%).

The situation with Solana has dramatically changed since 2022 when the network suffered from failures and a decline following the collapse of FTX. Now, with improved technology and the new Solana Saga crypto smartphone, it is once again in the spotlight.