Earlier this week, the altcoin Solana (SOL) collapsed to $30.64 on a wave of strong sell-offs. Capital was exiting cryptocurrencies because of the negativity that had returned to the stock markets.
The coin began to recoup losses last Wednesday, in two days its value increased by more than 11%. On Friday, the rate of SOL strengthened to $35.42, the cryptocurrency capitalization during the European session reached $12.51 billion.
Last November, Solana broke above $260, which was the highest value for the coin.