The value of Solana (SOL) has soared 40% this week to set up a brand new 2023 excessive at round $58.
That’s Solana’s greatest weekly efficiency since January 2023. Many elements have contributed to the positive factors, together with a basic cryptocurrency market uptrend led by ETF euphoria and rising urge for food for danger total.
Solana (SOL) weekly value chart. Supply: TradingViewEstablishment web flows throughout crypto funds. Supply: CoinSharesPrime cryptos 7-day and 30-day performances. Supply: Messari Solana futures Open Curiosity. Supply: CoinglassSolana OI-weighted funding charge charge. Supply: Coinglass weekly value chart. Supply: TradingViewSOL/USD weekly value chart. Supply: TradingView