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Solana price live today (22 Dec 2023) - Why Solana price is up by 17 29% today

Solana price live updates on The Economic Times. Check out why Solana price is up(22 Dec 2023) today. Get detailed Solana cryptocurrency price news, analysis and more.

solana price: Year s best-performing crypto token is tied to Sam Bankman-Fried

Solanas SOL token has surged about 340% to $41 in 2023, outdoing the 114% rally in market bellwether Bitcoin and becoming the best performing token among the largest cryptocurrencies tracked by Bloomberg. That follows a 94% drop last year as Bankman-Frieds FTX and Alameda Research — two major backers of the project - collapsed into bankruptcy.

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