Solana marked a spike of over 5%, trading at $134.
Pump.fun, a Solana-based meme coin deployer, surpassed $100 million in total revenue.
The crypto market has witnessed bullish turns, with the market cap recording a 2.90% spike. Nonetheless, volatility has persisted over the past week. Solana (SOL), the fifth-largest cryptocurrency, has faced significant challenges throughout August, with its price dropping to $110—its lowest level in the past five months.
SOL’s has briefly regained momentum in the last 24 hours with a 5.40% increase in price. Notably, in the early hours, SOL traded at a low of $127.27. Despite struggling at $130, the altcoin signaled a brief upside rally for the day and began climbing to the current price levels. At press time, Solana was trading at $134.67, according to CMC data.
Meanwhile, the whale transactions known for their substantial influence in the market created waves in the assets’ activity. The token might experience increased selling
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