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BTC/USD: Bitcoin Pulls Back Under $43K, Solana Shines Bright Smashing $100 per Coin

Solana holders have a lot to brag about at the family gathering today as the token is up a whopping 1,000% in the past twelve months.

BTC/USD: Bitcoin Pulls Back Under $43K, Solana Shines Bright Smashing $100 per Coin

  • Bitcoin prices BTCUSD moved slightly back on Christmas day 2023 while the up-and-coming hyper-fast blockchain Solana posted a mind-blowing run. First, the OG token retreated under the $43,000 mark but is still up a satisfactory 150% on the year, boasting an $850-billion market cap.
  • Solana SOLUSD, the main rival of Ethereum ETHUSD, pumped just in time to boost retail investors’ confidence. Today, they can brag about their crypto investments on the Christmas table. Solana is up over 60% in the past seven days and has risen 1,000% in less than a year as it crossed $100 per coin this weekend.
  • Amid the wild price surge, the Solana network peaked at a record for new and active addresses. Exactly one year ago, traders pummeled Solana’s price to $8 for being heavily owned by Sam Bankman-Fried and its duo of crypto companies crypto exchange FTX and trading house Alameda Research.