Solana (SOL), one of the largest cryptocurrencies in the world, managed to break its all-time high price record following the developments today. Today, the new US President Donald Trump launched a memecoin and launched it to work on the Solana network. This was the reason for the record-breaking rise. Related News: Donald Trump's Official Altcoin Released - Here's Everything You Need to Know About TRUMP At the time of writing, the Solana price is trading around $268, having surpassed the all-time high price level of $263. Chart with one-minute candles showing the rise in SOL price. However, the volatility in the SOL price is currently very high. The altcoin's price has gained more than 20% in the last 24 hours. Despite the rise, SOL remains on the list as the world's fifth-largest cryptocurrency, just behind Tether. *This is not investment advice. Continue Reading: BREAKING: Solana (SOL) Breaks All-Time Price Record – What’s Driving the Rally?