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Solana (SOL) has experienced an exceptional uptrend, with a staggering year-to-date (YTD) surge of 652%. However, the recent surge in meme coins has further amplified the blockchain’s growth narrative.
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A recent comparison was made between Solana (SOL) and Cardano (ADA). In response, Cardano’s founder, Charles Hoskinson, used the opportunity to throw what seemed like a subtle jab at the Solana network.
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Solana (SOL) is currently riding a wave of its own, rallying significantly in the last 24 hours to a 22-month high. Interestingly, there is reason to believe that FTX’s former CEO, Sam Bankman-Fried (SBF), might have contributed to this bullish momentum.
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In a recent investigation by The New York Times, new revelations have come to light regarding the involvement of Sam Bankman-Fried, the disgraced co-founder of FTX, with Solana’s native cryptocurrency, SOL, and his ongoing legal battle.
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Crypto analyst Jacob recently gave his thoughts on what to expect from the Ethereum, Solana, and Chainlink tokens. Based on his analysis, there could be significant price movements from these major altcoins soon enough.
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During the early hours of Tuesday, Solana (SOL) encountered a significant outage, adding to the growing list of incidents it has faced in the past 24 months.
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Authur Hayes, co-founder and former Chief Executive Officer (CEO) of cryptocurrency exchange BitMEX, has singled out Solana as the most suitable cryptocurrency to invest in during the altcoin season.
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