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Here's Why Solana Is Gaining Today


Top cryptocurrencies have been enjoying incredible bullish momentum recently, and Solana's (CRYPTO: SOL) SOL token is benefiting from the surge. The SOL token had climbed 5.8% over the past 24 hours as of 7:30 p.m. EDT on Friday, and was up 21% over the last seven days of trading.

There doesn't appear to be any token-specific news driving the price of SOL higher, but the overall crypto market has been posting big gains this month. New blockchain applications and strong rallies for Bitcoin and Ethereum appear to be bolstering confidence in the overall space, and Solana's SOL token has hit a new lifetime high amid rising bullish sentiment for cryptocurrencies.

Image source: Getty Images.

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Source Fool.com

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