Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Aug. 31.
Read moreSolana hits record high with SOL price up over 218% in six weeks — What’s behind the rally?
SOL price keeps rising as the U.S. securities regulator registered a Solana-centric fund for institutional investors and crypto market data network Pyth announced going live
Read moreSolana price soars to new highs with DeFi project launch, $70M DEX funding
But is the Solana native token anticipating a big price correction ahead?
Read more3 reasons why Solana bounced harder than Bitcoin and Ethereum
The 14th-largest cryptocurrency by market capitalization jumped by more than 55% after bottoming out at $20.14 on Tuesday.
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