Solana coin has become the latest altcoin to reach new annual highs amid a broader rise in cryptocurrencies, amid intense activity on the blockchain driven by a rush to buy the memecoin Dogwifhat.
In the past 24 hours, Solana posted a 2.8% gain, quickly rising from $108 to reach a new yearly high of $134 at press time, up about 30% in the last 7 days.
Solana's rise was preceded by a wave of buying activity for the Dojoifat (WIF) coin based on the Solana network, which saw its price rise by 26% in the last 24 hours to $1 during these moments of today's trading.
(WIF) coin was launched on December 14, 2023, and it is a meme coin that contains an image of a dog, one of the developers.
(Solana). He is wearing a hat
