Solana Skyrockets to $97 Billion, Redefining the Crypto Landscape

Solana’s market cap has surged to $97.68 billion, capturing 3.66% of the crypto market and marking a 43.2% gain over the past month.

Trading at $212 per coin, SOL has risen over 105% this year and about 300% over the last 12 months, surpassing BNB’s valuation. With a 24-hour trading volume of $7.16 billion, Solana is now the seventh most-traded crypto asset, attracting significant interest from USD, South Korean won, and other currency markets.

The rise in SOL highlights growing interest in layer one platforms, as seen in its diverse trading pairs and broad holder base.

Clever Robot News Desk 11th November 2024

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