The Solana $285 network stands out as one of the most transaction-capable platforms globally. Despite ongoing debates regarding on-chain numbers, no other network has matched the transaction volume achieved by Solana. Recently, Solana (SOL) reached a new all-time high.
Solana (SOL) Sets a New Record
SOL Coin price surged to $277.99 at the time of writing. While we previously discussed the possibility of a new movement at $248, Donald Trump’s recent actions accelerated this process significantly. The former president launched his official meme coin on the Solana network, which quickly amassed a trading volume reaching an impressive $8 billion market cap. This surge indicates an unexpected $8 billion growth for the SOL Coin network.
Trump’s official acknowledgment of the Solana network through this launch has heightened optimism concerning SOL Coin’s future. Ripple $3 may stand strong in payment services, while Solana could be backed by major U.S. players as a smart contract platform. Trump’s commitment to making the U.S. the cryptocurrency capital has further fueled excitement and hope for upcoming developments this Monday.