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Why Solana Is Surging Today

TheMotleyFool

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Why Solana Is Surging Today: https://g.foolcdn.com/editorial/images/845214/positive-people-2.jpg

Since yesterday afternoon, the price of Solana (CRYPTO: SOL) traded roughly 12.4% higher, as of 2:06 p.m. ET today. The crypto sector as a whole rebounded after a brutal sell-off in recent months, and there is also some token-specific news for Solana.

Crypto appears to have finally found support today. The price of Bitcoin, the world's largest cryptocurrency and a bellwether for the sector, traded nearly 7% higher as of this writing, after shedding over 30% of its total market cap since early October.

Image source: Getty Images.

Source Fool.com