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Fortune
Fortune
Marco Quiroz-Gutierrez

Solana is up 35% over the past week, adding to its 2023 rally of better than 500%

(Credit: Illustration by Fortune)

As many major cryptocurrencies slipped into the red on Thursday following a rally earlier this week, one altcoin continued its hot streak.

SOL, the native cryptocurrency of the Solana blockchain, hit its highest price since May 2022, rising to $68 early Thursday. While retreating to $62 by the afternoon, it's still up more than 35% on the week, according to CoinGecko. SOL is up more than 500% from a Jan. 1 price of $9.97.

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