Solana Leads Layer-1 Token Gains as Bitcoin Crosses $38K
Crypto market capitalization rose 2.3% in the past 24 hours.
Binary trading platforms with better performance and payouts
SOL
Crypto market capitalization rose 2.3% in the past 24 hours.
The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven’t dampened investor enthusiasm for the tokens.
Solana price (CoinDesk)
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.
SOL has gained over 50% in two weeks with buyers from Coinbase playing a major role in powering the cryptocurrency higher.
Solana’s [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market.
“I believed the funds came from Alameda’s operating profits” as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.
Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.