According to some price sources on Saturday, the price of Solana (SOL) soared to an all - time high. Both CoinMarketCap and the cryptocurrency exchange Coinbase reported that the network's native token hit a new high of nearly $269.

As of the time of writing, CoinMarketCap shows that SOL is up 14% on the day, with a current price of $250. It is the only winner among the top 10 coins in the past 24 hours and one of only two "green" coins among the top 30, with Sui (Sui) up approximately 2.5%.

However, not all price - tracking agencies could show Solana's all - time high record on Saturday: CoinGecko shows a daily peak of above $262, less than a dollar lower than the SOL record of $263.21 set on the site in November.

Nevertheless, it is indisputable that Solana - the leading meme - coin chain in the past year - is riding the Trump wave. TRUMP is still in short supply, and CoinGecko's trading volume of the Solana token is almost twice that of Dogecoin, the most original and valuable meme coin by market capitalization.

Since late Friday, nearly $12.4 billion worth of TRUMP has changed hands, while Dogecoin's trading volume in the last day was just under $6.5 billion. Dogecoin has had a full 24 - hour period, while Trump didn't show up in the first few hours of trading.

Trump is currently trading at $26 per token, with a market capitalization of $5.25 billion.