Solana Smashes New ATH Amid the Solana Season Hackathon

CoinEdition

Published May 17, 2021 07:47AM ET

Updated May 17, 2021 08:00AM ET

Solana Smashes New ATH Amid the Solana Season Hackathon

  • Solana records a new all-time-high price.
  • SOL launched its Solana’s hackathon event.

Solana (SOL) records a new all-time-high when it successfully smashes the bullish price of $51.64. This price surge allows SOL to create a stunning growth rate of over +8300% in the past 12 months. Indeed, this is a price level that is good enough to attract investors around the world.

Regarding its market position, SOL ranks as one of the top 15 cryptocurrencies in CoinGecko. For this reason, the market capitalization of SOL amounts to over $13 billion. Also, the crypto has a 24-hour trading volume of almost $3 billion. With all these developments, we can say that SOL is doing a great job this year.

Furthermore, SOL launched the ‘Solana Season Hackathon’, an event that attracted more than 10,000 registrations. Specifically, this event offers up to $1 million in global prizes and seed funding for participants.

In terms of its technology, SOL has already integrated key features to its network, which includes

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