Solana Leads Gains as Cryptos Recover on Fed Decision

Solana Leads Gains as Cryptos Recover on Fed Decision
Solana led gains among larger tokens amid a broader jump in global markets. The crypto market has added almost $59 billion in value over the past day following the U.S. Federal Reserve decision to gradually reduce stimulus benefits and taper purchases of government bonds after inflation climbed to a 39-year high.Tokens of Solana, the fifth-largest crypto by market capitalization, climbed 12% Thursday to $180. Ethereum rivals avalanche and elrond were also among top gainers in early European hours, adding 11% and 13% respectively, according to CoinGecko data. Dogecoin and shiba inu saw muted growth after a rise earlier this week…