Solana Breaks $200 as Jito’s BAM Draws Bullish Bets

Description

Solana (SOL) surged past the $200 mark for the first time since March, as network player Jito introduced the Block Assembly Marketplace (BAM), a move that some observers said boosted investor interest in SOL. The token jumped nearly 9% in the past 24 hours, peaking at $203 before slight profit-taking. SOL’s rally was backed by strong flows into derivatives, with the SOL CD20 product posting an 8.87% gain and volume nearly tripling to 4.87 million units, per CoinDesk Analytics. The breakout follo...