The former CEO of the BitMEX cryptocurrency exchange expressed his admiration for the Solana cryptocurrency, saying that he hopes to see the price of the token reach $100 as early as next weekend. "Can we raise the price of $SOL to $100? Let's do it, friends," Arthur Hayes urged on his social media.

To the positive feedback from Solana fans, who expressed joy that Hayes himself supports SOL, he replied: "I'm just a trader, buddy. It doesn't matter to me. If the price moves up, I'm trading in it."

At the beginning of the fourth quarter of 2023, the rate of the Solana cryptocurrency skyrocketed, and it quickly gained popularity, intending to challenge the dominance of Ethereum. Since reaching the minimum level of $8, the price of SOL has increased by more than 395%.

Analysts of the world's largest crypto exchange Binance, after analyzing the November data, concluded that the digital currency market is recovering rapidly, especially highlighting the explosive growth in the price of SOL.