<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDIvYjZiNWUyMjAtNzA2ZS00YzdjLTk2NDctYzU1ODBlOTE0MDNlLmpwZw==.jpg"></p><p>The price of Solana surged to reach a new 2024 high, while traders are doubling down on the Solana-based memecoin dogwifhat. </p>