**Solana Hits New High Amid Crypto Surge**

Solana (SOL) reached a record $262.64 on Nov. 22, marking a significant recovery since the FTX collapse two years ago. This surge follows an 11% gain in 24 hours, and SOL has skyrocketed 160% since early 2024. The boost comes as Bitwise, VanEck, 21Shares, and Canary Capital filed for Solana ETFs. Analysts now eye $400 for SOL.

The crypto market is buzzing, with total market cap hitting $3.42 trillion, fueled by potential regulatory shifts under Donald Trump and SEC Chair Gary Gensler's upcoming resignation. XRP, Cardano, and Avalanche also saw impressive gains.