{"id":62016,"date":"2025-01-20T09:40:36","date_gmt":"2025-01-20T14:40:36","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62016"},"modified":"2025-01-20T09:40:36","modified_gmt":"2025-01-20T14:40:36","slug":"crypto-update-solanas-price-jumps-amid-memecoin-surge","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-update-solanas-price-jumps-amid-memecoin-surge\/62016\/","title":{"rendered":"Crypto update: Solana\u2019s price jumps amid Memecoin surge"},"content":{"rendered":"<p><strong>Solana (SOL)<\/strong> has been on a tear recently, surging to a new all-time high of 0.0936 against Ether (ETH) on January 19 before retracing slightly to 0.0769. Currently trading at $255.79 as of January 20, 2025, SOL\u2019s impressive performance can largely be attributed to the launch of the Official TRUMP memecoin, which has increased interest in Solana and driven a significant uptick in both SOL\u2019s price and trading volume.<\/p>\n<p>The Solana network also saw a remarkable milestone, with its total value locked (TVL) surpassing $12 billion on January 20, marking a nearly 50% rise in just a week. Solana\u2019s TVL has been steadily increasing since surpassing the $10 billion mark on January 18, a level not seen since before the FTX collapse in 2022. Solana\u2019s TVL has surged by 5,800% since then, outpacing competitors like Ethereum.<\/p>\n<p>In addition to a resurgence in network activity, the number of daily transactions on Solana increased by 24% from January 17 to January 19, indicating growing demand for the blockchain. Analysts remain bullish on SOL, with Polymarket odds suggesting a potential price of $300 by January 31.<\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only and does not provide financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) has been on a tear recently, surging to a new all-time high of 0.0936 against Ether (ETH) on\u2026<\/p>\n","protected":false},"author":434,"featured_media":61565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[7042,22446,3926,6817,24369,23464,22466,22465,24378,24377,24379],"class_list":["post-62016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-blockchain","tag-crypto-news","tag-cryptocurrency","tag-ethereum","tag-polymarket","tag-price-surge","tag-sol","tag-solana","tag-total-value-locked","tag-trump-memecoin","tag-tvl"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/434"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62016"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/61565"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}