Solana Reaches $100B Market Cap, Attains Three-Year High And Touches $212

Solana’s native cryptocurrency SOL has hit a new milestone on Sunday as bitcoin hit a new milestone as it reached $80K. There is a broader crypto rally going on following Trump’s victory and the recent Federal Reserve’s rate cut. Notably, SOL broke above its March-April cycle highs and touched $212 for the first time since the 2021 crypto bull market. The token has gained 34% over the week. Its all time high of $260 is just a bit more than 20% above the current price of $214. This week’s gains has propelled SOL to more than a whopping $100 billion market capitalization, as it joins Bitcoin, Ether, and USDT.