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Recommend products to earn commission bonuses ✌️【Market Analysis】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!Continuing a massive comeback from a crypto winter price collapse of more than 95%, (SOL), the native token of the Solana blockchain, has shattered its all-time high reached in October 2021.At press time, SOL was trading just above $263, higher by 11% over the past 24 hours and nearly 360% on a year-over-year basis.The new record came two years after the downfall of Sam Bankman-Fried's crypto empire FTX and Alameda Research, prominent backers of the Solana ecosystem.

Recommend products to earn commission bonuses ✌️【Market Analysis】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.SOL plummeted to as low as $8 late in 2022 before beginning its turnaround to the current level.Now having survived 2022's near-fatal blow, Solana is benefitting from multiple catalysts, including bustling meme coin trading and surging decentralized finance (DeFi) activity on the network, as well as increasing institutional interest.Of that institutional interest, the odds of there soon being a U.S.-based spot Solana ETF have increased greatly with the election of crypto-friendly Donald Trump two weeks ago.

Earlier Thursday, crypto foe and SEC Chairman Gary Genslerannounced his intentionto fully resign from the commission on Jan.

20 as Trump takes office.

Recommend products to earn commission bonuses ✌️【Market Analysis】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!Also earlier today, Fox Newsreportedon constructive talks between the SEC and possible SOL ETF issuers.Stephen is CoinDesk's managing editor for Markets.

He previously served as managing editor at Seeking Alpha.

Recommend products to earn commission bonuses ✌️【Market Analysis】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance.

He holds BTC above CoinDesk’s disclosure threshold of $1,000.Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously.

Recommend products to earn commission bonuses ✌️【Market Analysis】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!Originally from Budapest, Hungary, he is now based in New York.

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