Solana's rocky history [Yahoo! Finance]
Starbucks Corporation (SBUX)
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Source: Yahoo! Finance
It traded for less than $1 per coin at first, soared to $259 in the crypto boom of 2021, then fell back below $10 in December 2022. More recently, Solana tagged along with Bitcoin (CRYPTO: BTC) is 2024, matching the larger cryptocurrency's moves with eerie precision most of the time. On the evening of December 18, one Solana coin was worth $202: Solana Price data by YCharts That's all in the rearview mirror by now, and it's time to look forward into 2025 and beyond. Is Solana a good buy, an overvalued sell, or a reasonably priced cryptocurrency you should hold if it's already in your crypto portfolio? Solana's rocky history The steep price swings in recent years had their reasons. When the FTX crypto-trading service broke down in a spectacular fashion, it held a significant amount of Solana tokens that became entangled in the collapse. Investors quickly lost trust in Solana, and it didn't help that the scandal was unveiled in the middle of an inflation crisis and a crypto wint
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