Solana Rockets 13% to New Yearly High

Solana has become the latest altcoin to mint new yearly highs amid a wider crypto rally.

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In the last 24 hours, Solana has posted a 13.3% gain, rising rapidly from $108 to reach a new yearly high of $124.17 at the time of publication, as per CoinGecko data.

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Solana-based memecoin dogwifhat (WIF ), has gained more than 50,000%.

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Solana however remains down 52% from its all-time high of $259.62.

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Bitcoin has been leading the market’s gains as institutional inflows into the recently approved spot Bitcoin ETFs continue to strengthen.

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