San ($SAN) Surges 11,800% on Solana with $10.22M Market Cap

San ($SAN) has experienced a dramatic increase in value, surging by 11,800% to $0.0102. Its market cap stands at $10.22 million with a trading volume of $979,600. The liquidity pool is valued at $193,400, and the token's supply is capped at 1 billion. Recent statistics show significant early investor interest, with the price briefly peaking at an all-time high of $10.39 million in trading volume over the past month, although this represents a slight decrease of 2%. Security metrics indicate a notable distribution of token holdings, with 15% held by new investors over the past day and 31% over the week. The top 10 holders control 24% of the tokens, revealing a somewhat centralized ownership. Developer holdings are minimal, with tokens sold and spent on fees, suggesting little developer exit risk. This token is actively discussed within the Solana ecosystem, highlighting its potential for growth and community engagement. Its recent rally warrants close observation, especially considering the high volatility typical of such rapid price increases. The social and security metrics point to a project that is gaining momentum but requires scrutiny for sustainability. Overall, the rapid appreciation in value, combined with strong community interest and manageable security distribution, indicates a high-risk, high-reward scenario. It's essential to monitor further price action and community developments to assess whether this surge is sustainable or a short-term pump.