Solana’s price moves closer to its all-time high as the network’s DEX volumes top $40 billion.
Solana reached a new yearly high of $248.44 on Nov. 18, after its weekly candle witnessed its second-highest close behind its all-time high weekly candle from November 2021.
Solana weekly chart analysis. Source: TradingView
Solana (SOL) is 8% below its ATH at $260, and multiple analysts believe that the fourth-largest cryptocurrency awaits a price discovery period.
