The Solana token continues to set new records. Over the past 24 hours, the price of SOL has increased by 23.9%.
At the time of writing, SOL is trading around $124, and the maximum was set at $125. Solana became the 8th cryptocurrency by capitalization, overtaking Polkadot, USDC and Uniswap.

Solana developers are expected to announce a new “Ignition” feature today. And although the exact details are not yet known, the community assumes that we are talking about burning SOL tokens in the future.
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