Solana token tops $140 to hit record high

On 3 September, the native token of the Solana project (SOL) hit an all-time high, topping $140. In the past 24 hours the asset rose 22.9%, according to CoinGecko.

As of writing the token was trading at around $141.

In the ranking of the largest crypto assets by market capitalization, Solana edged out Dogecoin, at about $42 billion.

On August 16, SOL reached a new high above $60 and entered the top-10 crypto assets by market capitalization.

On August 30, the token price briefly surpassed the $102 level.

Back in June, the Solana Labs developer of the Solana blockchain raised $314 million in a private token sale. The round was led by Andreessen Horowitz and Polychain Capital with participation from Alameda Research, CMS Holdings and others.

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