Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains

Posted on by American Coins & Gold

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains
Prices for Solana’s SOL tokens hit a record high during early U.S. trading hours on Monday, as a majority of tokens representing layer 1 blockchains followed bitcoin, which hit its own record last week.Solana, the native token of Solana, a public blockchain that is backed by Sam Bankman-Fried, the founder of crypto exchange FTX, hit a record $218.9 on Monday, according to TradingView.“SOL was a top performer over the last few months… [It’s] only natural for it to perform well during the next leg of the bull cycle,” Ashwath Balakrishnan, research associate at crypto research boutique firm Delphi Digital, told…