Solana Spikes to All-Time High Price as TRUMP Doubles Dogecoin Trading Volume
Solana's price surged to a new all-time high, with the native coin SOL reaching close to $269 as it benefitted from the popularity of Donald Trump's official meme coin, TRUMP. Currently, SOL is reported at $250, marking a 14% increase. This rise in Solana's value aligns with a significant increase in trading volume for TRUMP, which reached nearly $12.4 billion, nearly doubling the trading volume of Dogecoin at about $6.5 billion. Notably, Solana is the only top-10 cryptocurrency to record gains, capitalizing on this growing interest. Despite some price trackers not confirming an all-time high, the overall trend indicates Solana is strategically positioned in the meme coin market, driven by the demand for TRUMP. As TRUMP trades over $26 per token, its market capitalization now sits at $5.25 billion.
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