(Forkast) Solana token jumped by 41% on Monday to a new record high of $64.48, bringing its price rise by over 65% in the past week.
The surge in Solana followed the launch of Wormhole, a communication bridge with other top decentralized finance networks that allows the movement of tokenized assets seamlessly across blockchains.
The non-fungible token project on Solana’s blockchain sold out its collection of 10,000 unique ape NFTs in 8 minutes during its weekend launch.
Solana’s trading volumes exceeded USD 2.5 billion during the launch, with fees of six SOL tokens per ape.
Solana’s public blockchain has a high transaction speed of about 65,000 transactions per second, which is about 2,000 times faster than Ethereum.
SOLUSD is up +14.09%.
