According to BlockBeats, on November 22, according to market data, SOL hit $260 for the first time, setting a new record high again after 1,100 days, with a 24-hour increase of 11.98%.
Solana (SOL) hit a record high of $259.9 on November 6, 2021. At that time, the Solana ecosystem was deeply bound to the well-known trading platform FTX, and SOL itself was highly praised by the then crypto leader, FTX founder SBF. As the Fed's interest rate hike ended the 21-year bull market, the crypto field was affected by the collapse of LUNA and Three Arrows Capital in 2022. FTX was also affected and eventually collapsed at the end of 2022, and SOL also fell to $8.