Solana outpaces crypto market as Claude Code-linked token frenzy lifts network activity
Solana (SOL) gained 1.9% over the last 24 hours, trading near $129 as it outperformed the broader crypto market, with the CoinDesk 20 Index (CD20) inching up just 0.15% in the same period.
SOL moved from around $126.4 to a high of $130 before easing. The rally came as a tight consolidation pattern saw a breakout on strong volume of around 2.34 million SOL, according to CoinDesk Research’s technical analysis data model.
The move extends a short-term recovery that began after the token defended key support near $127.
Activity across the Solana network has surged in recent days, driven by a wave of speculation tied to Claude Code, an AI toolkit developed by Anthropic.
A growing number of developers are introducing tokens…
