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CryptoIntelligence 2024-11-22 19:14:00

Solana Hits New Record High of $264 Amid ETF Optimism

Solana achieved a record high on Nov. 22, marking a major milestone two years after the collapse of the FTX exchange, which had significantly impacted its price. On Coinbase, Solana (SOL) reached $264.31, as reported by TradingView, following an impressive 11% gain over the previous 24 hours. SOL has been one of the top-performing altcoins in 2024, with a 160% increase since the year began. The token had dropped to a cycle low of under $10 in December 2022, following the downfall of Sam Bankman-Fried’s FTX crypto empire. Momentum for Solana has surged recently due to filings from Bitwise, VanEck,

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