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Solana (SOL) has achieved a new all-time high market capitalization, with its price reaching a peak of $186 on March 15, 2024. This marks the first time since 2021 that SOL has topped $185, indicating a significant rally and increased market demand. The surge in Solana's price is partly attributed to the Dogwifhat's 400% rally, which has notably impacted SOL's market demand. The cryptocurrency is now approaching $200, up from $140 five days ago to $195, showcasing remarkable strength and investor interest. This upward trend has sparked discussions about SOL potentially closing the gap with Ethereum's market cap within the year.


