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Solana News

CMC Crypto News

Solana and Dogecoin Surge as Bitcoin Approaches New Heights

By Ayesha Aziz

1m

2h ago

Solana rocketed over 9% to nearly $204 on Wednesday morning, marking its highest price since July 22.



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Solana News

Solana News

Solana rocketed over 9% to nearly $204 on Wednesday morning, marking its highest price since July 22. The sixth-largest cryptocurrency by market cap continues to outpace major digital assets as Bitcoin edges toward fresh records above $122,000.

Dogecoin jumped nearly 8% over 24 hours, trading above $0.24 and gaining over 20% weekly. Despite strong momentum, the original meme coin remains 67% below its 2021 all-time high, unlike Solana, which previously peaked at $293 in January.

Ethereum dominated weekly gains with a 29% surge, pushing the second-largest cryptocurrency within 3% of its $4,878 record. The flagship altcoin reached $4,720 on Wednesday, fueled by massive ETF inflows and corporate treasury adoption strategies.

Standard Chartered analysts raised their Ethereum target to $25,000 by 2028. Market participants give Ethereum an 87% chance of hitting $5,000 before year-end. Altcoin season appears to be gaining serious momentum.

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