The cryptocurrency market is making shy progress after weeks of being caught in the turmoil that followed the collapse of FTX, once among the largest crypto exchanges in the world, with Solana (SOL) leading the recovery.

Indeed, after skyrocketing 20% the day before, Solana has continued to make gains on its daily chart, topping the list of 100 cryptos by 24-hour increases, according to the data retrieved by Finbold on November 24.

At press time, the decentralized finance (DeFi) token was changing hands at the price of $14.27, demonstrating a 9.31% increase on the day and 1.01% compared to seven days before, despite still in the loss on the monthly chart.

(By Ana Nicenko)