Solana climbs back above $200 as crypto market gains momentum
SOL continues to outperform ETH year-to-date as the cryptocurrency starts 2025 with an 8% jump, with investors continuing to eye a potential Solana ETF.
As of Jan. 2, 2025, Solana (SOL) is trading at $205.64, marking an 8.48% increase over the last 24 hours. This surge follows a brief consolidation phase, reflecting renewed investor confidence and optimism.
SOL hit an intraday high of $205.64 and a low of $187.82, signaling a strong rebound driven by rising demand and favorable market sentiment concerning the proposed Solana exchange-traded fund.
The open interest in SOL futures contracts has climbed to $3.42 billion, fueled by heightened investor engagement….
