Solana reaps the rewards of being home to The official Donald Trump meme piece.
Solana (SOL) price hit a new all-time high price level according to some price sources on Saturday, with both CoinMarketCap and crypto exchange Coinbase showing a new peak near $269 for the network’s native coin.
As of this writing, CoinMarketCap shows SOL up 14% on the day at the current price of $250. It’s the only gainer in the top 10 coins over the past 24 hours, and one of only two coins in the green among the top 30, with Sui (SUI) up about 2.5%.
However, not all price trackers show an all-time high for Solana on Saturday: CoinGecko shows a daily peak above $262, less than a dollar from this site’s SOL record of $263.21 from November.
What is indisputable, however, is that Solana, last year’s leading coin chain, is riding the Trump wave. And TRUMP remains in high demand, with CoinGecko showing nearly double the trading volume for the Solana token compared to Dogecointhe original and most valuable meme coin by market capitalization.
Nearly $12.4 billion worth of TRUMP has changed hands since Friday evening, while Dogecoin’s trading volume is just under $6.5 billion over the past day. And Dogecoin had this full 24 hour period, while TRUMP was unavailable for the first few hours of this rolling period.
TRUMP is currently trading for over $26 per token, with a market cap of $5.25 billion.
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