SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live By Cointelegraph

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SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live

Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level.

The exchange rate almost reached $200 on Tuesday as investors continued to treat Solana as a long-term competitor to , the world’s leading smart contracts platform.

Ethereum gas fees (in Gwei) in the last three months. Source: YCharts
SOL/USD daily price chart. Source: TradingView