Trump memecoin helps SOL price beat Ethereum — Solana’s TVL jumps to $12B

The debut of Donald Trump’s official memecoin on Solana led to a substantial increase in SOL’s price, allowing it to reach 0.00936 ETH on January 19.

Solana’s total value locked reached an impressive $12 billion, marking a phenomenal increase of approximately 50% within a week.

Analysts are optimistic, predicting continued upward momentum for SOL’s price throughout January.