Shares in Grayscale’s Solana Trust have more than doubled in the past week, surging to nine times the price of the Solana token.
GSOL shares are trading at a record $202, up from $87 at the start f the month. With SOL at $59 on Nov. 1 and the trust holding 0.38 SOL per share, that's an insane premium of 784%.
For context, the premium on Grayscale's Bitcoin Trust, GBTC, touched a record of 43% in July 2019.
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#undefined [Source: TheDefiant]