# Solana Hits Cycle Highs

*Author: Bankless*
*Published: Mar 7, 2024*
*Source: https://www.bankless.com/es/ai-tokens-are-blowing-up*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/coin_guy_2-49--8--1.png)](https://www.bankless.com/sponsor/synfutures-1709588086?ref=rollups-rollapps-raas&email=true)

  

   Solana Hits Cycle Highs
    
  

  
  Published on Mar 7, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
  AI Token Explosion
  
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/Group-14--50-.png)](https://www.bankless.com/dashboard)- **🤖 AI tokens surge. **Yesterday, we [declared](https://www.bankless.com/this-is-the-ai-x-crypto-cycle) this the Crypto x AI cycle; today, the entire sector blasted off. We hope you aped in.
-  🇺🇸 **Fed 'nowhere near' USA CBDC.** In a Senate hearing, Federal Reserve Chair Jerome Powell [tried to give assurances](https://x.com/izakaminska/status/1765826433941651660?s=20) that a digital dollar wouldn't spy on Americans and wasn't coming anytime soon.
- 🇰🇷 **Do Kwon is getting extradited.** Another day, another legal update for Terra creator Do Kwon. His lawyer now claims [he will be extradited to South Korea, not the USA](https://x.com/laurashin/status/1765773461748654518?s=20), following a Thursday ruling.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Solana Dominance
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-07T164543.837.png)](https://www.bankless.com/solana-dominance)**📊 How high?** The Risk Rally continues as asset prices march upwards and onwards in the pursuit of higher highs. Both the broad market S&P 500 and tech-heavy Nasdaq 100 touched new all-time highs today, and BTC is still on track for its second-highest daily close ever! 

**What crypto assets are making outsized gains and showing signs of strength?**

*Read on for more market analysis + our favorite chart and tweet of the day *👇

[Unlock Citizen-Only Analysis](https://www.bankless.com/solana-dominance)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.56T
       

  
    
    ↗ 2.2%
    
  

   
    
    ↗ 13.3%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $67,391
       

  
    
    ↗ 1.5%
    
  

   
    
    ↗ 10.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,878
       

  
    
    ↗ 1.1%
    
  

   
    
    ↗ 16.5%
    
  

  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
  The New Modular Rollup Toolkit
  
  
   
     
     Bankless Author: 
     
      [
       
       David C.](https://twitter.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-07T171503.377.png)](https://www.bankless.com/rollups-rollapps-raas)Another acronym to add to your crypto vocabulary?** RaaS**, *or Rollups-as-a-Service.*

An increasingly popular solution to both customize and scale blockchains, RaaS holds promise to address the current complexities and issues facing rollups while making them more manageable and tailor-made to specific use cases like DeFi or gaming.

In this article, we will explore the significance of RaaS, what these platforms enable, and what projects are at the forefront of this burgeoning ecosystem. 

**Let’s get into it!** 👇

[Read the Full Analysis](https://www.bankless.com/rollups-rollapps-raas)

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