Solana (SOL) and Cardano (ADA) Suddenly Soar 20%, Crypto Optimism



Investing.com – Cryptocurrencies Solana (SOL) and Cardano (ADA) have been soaring since Sunday evening, with SOL gaining more than 22% in 24 hours, while ADA gains 19.5%, significantly outperforming the which gains only 1.72 % since yesterday, although it is back above $17,000.

Over one week, the gains of amounted to 32.7%, while those of are more than 62%.

Cardano, the 9th largest crypto on the market, has so far peaked at $0.3444, the highest since November 15. The Solana, in 11th place in the ranking, for its part reached a maximum point at $16.55, its highest price since November 11.

Recall that Solana had the best first week of the year among major cryptocurrencies, a remarkable rebound for SOL, which follows a very sharp fall following the collapse of FTX which affected it more than other cryptos in because of his ties to Sam Bankman-Fried.

As for the recent Solana rally, last week, SOL devs launched a new shiba inu-themed crypto-meme, BONK, created to rival SHIB and the .

BONK has indeed posted gains of up to more than 3000% last week compared to its introductory price of December 25, and the fact that this new cryptocurrency is based on the Solana blockchain explains the renewed interest in the SOL according to many observers.

When it comes to Cardano, the bullish factors are less clear. The last striking news for the ADA was last September, with the establishment of the last important step in the evolution of its blockchain, Vasil.

Separately, Cardano founder Charles Hoskinson announced last week the launch of his new hospital called “Hoskinson Health & Wellness Clinic”, which will allow customers to pay for medical services using ADA, the native token of Cardano. Cardano ecosystem.



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