Solana’s market capitalization rises by $500 million as the SOL price rises by 15%.

Despite Solana’s market capitalization plunging by more over $1 billion on December 30th of last year, it has lately climbed back over the $11 price barrier, achieving a 15% price increase in just the last 24 hours.

Notably, Solana’s market capitalization has risen by up to $500 million in just one hour, bringing its entire value back up to more than $4 billion.