Solana reached an all time high of 293.31 USD at its peak and currently trades at 103.94 USD.
The project previously gained significant traction during the 2021 market cycle due to its fast transaction speeds and the growth of decentralized finance applications.
Since that time, the landscape for the network has evolved to focus on deeper integration with traditional institutional players.
Yemcaster scored recent news regarding the asset at plus 7, highlighting that a Nasdaq-listed developer recently acquired 22,070 units.
Furthermore, reports indicate that Pando Finance is moving to launch the second spot exchange traded fund for $SOL in Hong Kong.
#Solana #Crypto
Not financial advice.