Solana’s peak at $44.50 on Nov. 2 was the highest it had reached since August 2022, and coincided with the Solana Breakpoint 2023 global conference held in Amsterdam. The price hype during this period even prompted BitMEX co-founder Arthur Hayes to admit to being a “degen” and invest in SOL, despite referring to the token as “just a meme.”
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Source: Cryptocurrency - investing.com
