Over the weekend, Solana’s SOL reached a new all-time high of $295.33 before returning to $240 levels as its market cap reached a record $142.54bn.

Over the weekend, Solana’s SOL reached a new all-time high of $295.33 before returning to $240 levels as its market cap reached a record $142.54bn.

During this period, Donald Trump launched his memecoin TRUMP, which surged past $15.39bn in market cap on the Solana network. Shortly after, the MELANIA memecoin emerged, which reached over $8bn in market cap.

Phantom reported 8m requests per minute, causing temporary transaction delays.