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Today, the Solana price rose by 13%, with a strong performance in the past 24 hours, and the cryptocurrency community generally celebrated the victory of <Donald Trump>.

In the past 24 hours, Solana has been one of the best-performing cryptocurrencies in the market, with a 12% increase, breaking through $242 on November 17, reaching a new high in three years.

[Solana]
SOL/USDT 4-hour price chart. Source: TradingView

Reasons for the surge in Solana price
The rise in Solana's price today is mainly attributed to two key factors:
...

Today’s Recommendation | Why is Solana (SOL) price rising?

According to the tracking data from Onchain Lens, a dormant ancient BTC wallet that had been asleep for 14.3 years has awakened. At the time, the owner had accumulated 2,000 BTC when the BTC price was only $0.067, with a cost of only $134. The value has now grown to approximately $180 million, a profit of over 1.3 million times.

According to on-chain data, the wallet transferred the 2,000 BTC to 50 new wallets and then conducted multiple asset transfers, circulating the assets among various wallets...

$134 becomes $180 million! Bitcoin’s Ancient Whale“Awakens” After 14 Years of Sleep and Profited Over 1.3 Million Times

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
Her...