🚀 Solana's native token, SOL, has soared past its previous all-time high from October 2021, trading at over $263. This marks an impressive recovery from its 2022 low of $8, following the collapse of FTX and Alameda Research.
- SOL's resurgence is fueled by booming meme coin trading, increased DeFi activity, and rising institutional interest.
- The potential for a U.S.-based spot Solana ETF has grown with crypto-friendly Donald Trump's election and SEC Chairman Gary Gensler's upcoming resignation.
What are your thoughts on Solana's comeback? Share in the comments!