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SOL reached a new all-time high of $263 more than three years after it last peaked, according to data from CoinGecko.

The price of SOL is in pump by +375% compared to a year ago.

Solana's SOL token has reached a new all-time high of $264.31, marking a complete recovery from its post-FTX collapse through strong ecosystem growth, institutional interest, and increased DeFi activity.

Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange's submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.

A whale recently purchased 100K SOL worth $23.86M. What could this mean for Solana's price?

On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price.

Solana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.

VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC).

The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.

Solana (SOL) shattered its all-time high (ATH) by soaring past $263 for the first time on Thursday. This marks a stunning comeback after years of volatility and setbacks.

Discussions between the SEC and Solana ETF issuers are advancing rapidly, rekindling hopes for an upcoming approval! With imminent filings and a pro-crypto administration, the arrival of a Solana ETF could transform the crypto market and mark a decisive turning point for the ecosystem.

Bitcoin just smashed a new all-time high at $99,000, stealing the spotlight in the crypto markets! Meanwhile, altcoins are either dragging their feet or clinging to support, waiting for a breakout. Solana, the fourth-largest crypto, has hit an all-time high, surging beyond $263 and eclipsing its previous record set in October 2021.

Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.

As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.

Solana has once again caught the attention of market participants as it hit a new ATH on Friday. Notably, SOL witnesses a sustained rally against the backdrop of massive whale accumulations.

Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.

On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021.

SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.

Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.

Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.

New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.

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Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.

After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.