Current Price and Market Performance

Solana's current price is $148.50, with a 0.53% decrease in the last 24 hours. The cryptocurrency has seen a 6.74% increase over the past week and a 13.43% change in the last 30 days. Its market capitalization stands at $76.85 billion, ranking #6, with a fully diluted valuation of $89.02 billion ¹.

Recent Developments

- *Validator Delegation Program*: Solana is introducing changes to its validator delegation program to increase decentralization.

- *Funding and Investments*: SOL Strategies secured $500 million in funding for Solana purchases, while MagicBlock raised $7.5 million to support real-time, on-chain applications on Solana.

- *Meme Coins*: Fartcoin, a Solana-based meme coin, surged over 60% from its lowest point this month and flipped Bonk to become the second-largest Solana memecoin by market cap.

- *Partnerships and Donations*: Consensys, Solana, and Uniswap donated to Trump's inauguration fund ² ³.

Ecosystem Updates

- *Solana Radar Hackathon*: The hackathon received 1,359 final project submissions, showcasing the ecosystem's growth and innovation.

- *Art Basel Miami Beach*: Solana's "Artists in Residence" exhibition returned, highlighting the intersection of art and blockchain technology ⁴.#MarketRebound #solana #SolanaDeFi #BTCvsMarkets #xrpetf