Solana-based PAID hits record market cap of $50 million

According to GMGN data on September 26, the market capitalization of the Solana-based token PAID briefly surpassed $50 million, reaching a new all-time high. The token is currently trading at a market cap of $43.31 million, marking a 382% increase over the past 24 hours. Previously, PAID announced that it had distributed $1.44 million to X Money users through its automated token creator fee-sharing tool.