Solana is reaping the rewards of being the official home of Donald Trump's meme coin.
According to some price sources on Saturday, the price of Solana (SOL) rose to a new all-time high price mark, with both CoinMarketCap and crypto exchange Coinbase hitting new highs near $269 for the network's native coin.
As of this writing, CoinMarketCap shows SOL at 14% per day at $250. It is the only gainer in the top 10 coins and one of the top 30 coins in the green in the last 24 hours, with Sui (SUI) up about 2.5%.
Not every price tracker shows an all-time record for Solana on Saturday, however: CoinGecko shows a daily high above $262, resting just below that site's SOL record of $263.21 from November.
What is indisputable, however, is that Solana's coin chain, the leader of the past year, is riding the Trump wave. And TRUMP remains in demand, with CoinGecko reporting nearly double the trading volume for the Solana token on Dogecoin, the first and most valuable meme coin by market value.
Nearly $12.4 billion in TRUMP has changed hands since late Friday, with Dogecoin trading volume just shy of $6.5 billion on the final day. And Dogecoin had that entire 24-hour period, but TRUMP was absent for the first few hours of that rolling period.
TRUMP is currently trading at over $26 per token and has a market cap of $5.25 billion.
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