Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?
XRP/USD
-14.85%
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SOL/BTC
+4.40%
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SOL/USD
-0.80%
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Solana’s (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the United States Securities Exchange and Commission in the case contesting XRP’s (XRP) position as a security.
The token recorded gains of 48.09%, reaching a peak of $32.40 as news of the court ruling spread, before retracing below the $30.00 level.
