Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?

in #sollast year

Solana jumped 11% Friday and is one of the best performing crypto assets this year with a 170% gain.
Investor worries about FTX selling tokens were overblown, an IntoTheBlock analyst noted.
Rising activity on the Solana network, massive influx into digital asset funds and a recent tech upgrade also likely contributed to the rally.