With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume.
Solana has begun to show recovery signs from the FTX scandal following a recent spike in momentum. Even the network’s native token SOL joined in on the momentum and reached a two-month high amid the ubiquitous rally in the global crypto market.
(By Samuel Edyme)
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