Solana Continues Its Rise! Here’s the Reason for the Latest Ascension Movement!

Bitcoin one of the largest digital wallet companies Ledger It dropped following the vulnerability issues reported by , but has now calmed down just below $43,000. Yesterday was a very volatile trading day due to Ledger related vulnerabilities.

After the news broke, BTC lost more than $1500, falling to $41,400. After Ledger announced that the problem was fixed, Bitcoin recovered almost all the losses and rose above $43,000.

Bitcoin Settles Below $43K, Solana Soars 8% on BONK Hype

While most altcoins are experiencing small losses or gains, SOL continues to rise, perhaps fueled by the excitement of the new meme coin phenomenon, BONK.

Solana Daily Price Chart

It would not be wrong to say that Solana-based meme coin BONK is the best performing coin recently. There has been a massive 100% increase in the last 24 hours alone and the asset has reached an all-time high.

As expected, this also brought about a price increase for SOL. The token is up over 8% in the last 24 hours and was trading close to $80 at the time of writing.

*This is not investment advice.

For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!


source site-4