The value of Solana (CRYPTO: SOL) has soared by 80% within the past 30 days, spurred by the testnet launch of its anticipated scaling solution, Firedancer.
What Happened: Solana’s market value skyrocketed by nearly 81% in the last month, with a 30% jump happening just within the past week. This growth is closely linked with the testnet launch of Firedancer, which is seen as a long-term solution to past network interruptions experienced by Solana.
On November 2, SOL’s value topped at over $41, a peak not witnessed since August of the preceding year. However, it still lags, being down approximately 84% from its record ...