What's Behind Solana's 40% Gain in a Week?

Solana's native token, SOL, has been on an extraordinary upward trajectory in recent weeks. With a remarkable surge of over 22% within the past 24 hours, the cryptocurrency, often heralded as the "Ethereum killer," has achieved impressive gains of more than 40% in the past week.
It reached a peak of $46.90 on the Binance crypto exchange on November 2. Over the last month, Solana's gains have been even more substantial, exceeding 120%. KEEP READING