cryptofamily

Coinbase has launched a "wrapped" bitcoin on the Solana network - cbBTC. The SPL standard token is backed by 1:1 digital gold stored on the exchange.

A number of DeFi projects, including Jupiter, Raydium, Orca, Jito and others, have added support for the asset. 

In September, Coinbase introduced its own version of bitcoin in the form of an ERC-20 standard token. Later, the company announced plans to launch the tool in the Solana network.

The total TVL of the Solana-based decentralized application ecosystem has more than tripled since the beginning of the year, to $6.6 billion.

On November 8, SOL exceeded the $200 mark for the first time since April. 

The historical maximum of the asset was fixed at $259 in November 2021.

You can't go back and change the beginning, but you can start where you are and change the ending. 
- C. S. Lewis