Crypto
ApeCoin Surges 11% After Canonical Solana Token Launch
ApeCoin (APE) has jumped nearly 11% after its official launch as a canonical token on the Solana blockchain, reflecting strong demand following the cross-chain development.
The move is backed by clear bullish momentum, with APE trading above all key moving averages and an overall positive technical structure.
On September 22, ApeCoin launched as a canonical SPL token on Solana, recording $17.7 million in trading volume and approximately 206,000 trades within 24 hours, involving nearly 20,000 unique traders and more than 9,100 wallets.