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