June 29 (Cointime) - Solana's price surged on Thursday following the launch of a new bridge in the ecosystem, which allows it to communicate with Ethereum and other Ethereum Virtual Machines without the need for wrapped or derivative tokens.

The deBridge feature has eliminated limitations for users and projects looking to transfer liquidity to Solana due to a lack of liquidity in Wormhole pools and high slippage during the exchange of wrapped assets.

Additionally, the relaunch of FTX also contributed to the price surge. However, it's important to note that cryptoasset investing is highly volatile and unregulated in some EU countries, and CFD crypto trading is unavailable for clients residing in the UK and US.