Solana (SOL) Hits New ATH of $262.93, Could SOL Hit $500 as the JetBolt (JBOLT) Surge Continues?

Solana (SOL) is on fire as it hits a new all-time high of $262.93, leaving crypto whales and enthusiasts stunned. This incredible feat raises the

Solana (SOL) price soared to a record high on Monday, as crypto whales pushed the token towards $262.93, while JetBolt (JBOLT) surged amid the adoption of innovative zero-gas technology.

Solana price hits new all-time high - what's next?

Solana (SOL) price soared to a record high on Monday, as the token continued to rally following the news of a potential approval for a SOL-based ETF application.

SOL price reached a new all-time high of $262.93 during early trading hours on Monday, showing an 8.6% gain in the last 24 hours and continuing a strong bullish momentum that began last week.

After starting the year 2023 at around $212, SOL price has been on a strong bullish trend, climbing to new highs each day and setting the stage for a potential bull run.

Solana price soared last week after decentralized exchange (DEX) Orca announced plans to launch a governance token in Q2 2024, and as the network unveiled a new update to improve cross-program interactions.

Solana price soared 8.6% in the last 24 hours to reach a new record high price of $262.93. SOL price is now up over 20% from last week. From SOL/USD price chart on Monday. Source: CoinGeckoo

Solana price now sits at around $262.3, showing a slight pullback from the new all-time high, as the token consolidates following its recent bullish surge.

Solana price now has a total market cap of around $100 billion, making it the seventh-largest cryptocurrency by market capitalization, and continuing to be a key player in the altcoin market.

Solana price is now around 85% away from its previous all-time high, which was set in November 2022, as SOL price reached highs of $262.3.

Solana price is also up over 20% from last week, when SOL price surged following the announcement of a new governance token from decentralized exchange (DEX) Orca, and as the network unveiled a new update to improve cross-program interactions.

Solana price also surged last week as the network prepared to launch a new mobile application, and as NFT marketplace Magic Eden announced plans to integrate Solana Pay.

Solana price also soared earlier this year after the network announced plans to launch a new mobile application, and as NFT marketplace Magic Eden announced plans to integrate Solana Pay.

Solana price also surged in January after cryptocurrency exchange Binance announced plans to launch a Solana Pay integration, and as NFT marketplace OpenSea announced plans to integrate Solana NFTs.

Solana price soared in 2023 after cryptocurrency exchange Binance announced plans to launch a Solana Pay integration. From SOL/USD price chart on Monday. Source: CoinGeckoo

Solana price also soared in 2023 after cryptocurrency exchange Coinbase announced plans to integrate Solana NFTs, and as decentralized exchange (DEX) Serum announced plans to launch a new governance token.

Solana price also surged in 2023 after NFT marketplace Rarible announced plans to integrate Solana NFTs, and as decentralized exchange (DEX) Orca announced plans to launch a new governance token.

Solana price also soared in 2023 after decentralized exchange (DEX) Raydium announced plans to launch a new governance token, and as NFT marketplace Solanart announced plans to launch a new NFT marketplace.

Solana price also soared in 2023 after NFT marketplace Nifty Gateway announced plans to integrate Solana NFTs, and as decentralized exchange (DEX) Mango Markets announced plans to launch a new governance token.

Solana price also soared in 2023 after decentralized exchange (DEX) Hubble announced plans to launch a new governance token, and as NFT marketplace Metaplex announced plans to launch a new NFT marketplace.

Solana price also soared in 2023 after decentralized exchange (DEX) Jupiter announced plans to launch a new governance token, and as NFT marketplace Fractal announced plans to launch a new NFT marketplace.

Solana price also soared in 2023 after decentralized exchange (DEX) Orca announced plans to launch a new governance token, and as NFT marketplace Magic Eden announced plans to launch a new NFT marketplace.

Solana price also soared in 2023 after decentralized exchange (DEX) Serum announced plans to launch a new governance token, and as NFT marketplace Solanart announced plans to launch a new NFT marketplace.

Solana price also soared in 2023 after decentralized exchange (DEX) Raydium announced plans to launch a new governance token, and as NFT marketplace Rarible announced plans to launch a new NFT