Update
<span>The value of Solana’s native cryptocurrency, SOL, advanced unexpectedly close to the $100 threshold on Friday morning, making it the third week of strong gains.</span><br />The movement has been side-by-side with a flood of meme coins across the crypto market: especially a canine-based token called BONK, which seized the attention of retail crypto traders with a spectacular surge of over 1000% in late November. This surge stimulated a wave of animal-themed “bonk” meme coins aiming to bullet the same wavelengths as BONK.<br /><span>The ongoing meme coin rally is a sign that the level of engagement within the cryptomarket has surged, supported by the powerful performance of SOL on the open-source blockchain platform of Solana.</span>
