Ethereum Competitor Solana (SOL) Rallies Over 40% To New All-Time High, Transaction Volumes Top 24B

What Happened: High-speed blockchain Solana (CRYPTO: SOL) saw its native token surge by more than 41% to a new all-time high of $64.48 today.

Extending a week-long rally that saw its price appreciate by more than 56%, SOL recorded a 472.48% uptick in daily trading volume, which exceeded $3.9 billion at the time of writing.

The hybrid blockchain is often referred to as ‘Ethereum (CRYPTO: ETH) killer’ because of its incredibly short processing times.

As one crypto trader pointed out, Solana…


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