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Why has Solana's price been exploding?

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by COINS NEWS 45 Views

I don't know if I'm out of the loop, but I haven't seen any major news about Solana in this sub while it was skyrocketing over the past week. SOL is currently at $21.71, which is surprisingly slightly higher than its price right before all the "securities" news came out ($21.55). Most of the other coins that were roped into the same pool as Solana are still sitting at devastatingly low prices, and my ADA bag is still weeping. I'm fairly sure the SEC didn't retract its "security" labels, so I don't understand. What caused SOL to fully recover that isn't helping ADA recover? I'm starting to actually believe in inverse r/cc considering how much shit I heard about Solana in here.

submitted by /u/DrvKrv
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