Stock Groups

Solana price eyes $300 as Grayscale launches SOL-backed trust -Breaking

[ad_1]


(SOLOn Nov. 30, ) managed to hold onto intraday gains as Grayscale Investments, a large cryptocurrency fund, said that SOL would be added to its product lines.

SOL gained nearly $217.50 in the intraday after rising by more than 6.50%. This Solana token saw gains as part of a recovering move that began Nov. 28, when it recovered more than 20% following testing a reliable multi-month ascending trendline support (near $290) shown in the chart.

SOL/USDT daily chart with Ascending Trendline Support TradingView
Comparison of Solana’s blockchain performance with other platforms. Reddit
SOL is the circulating market capitalization. Source: Messari