Solana (SOL) sets remarkable pace in crypto market with 29.4% price surge in just week, dwarfing Cardano's 4.1% uptick
Currently priced at $28.40, Solana experienced a 29.4% rise over the past seven days, while Cardano's price edged up just 4.1% to $0.25.
Solana's market cap stands at nearly $11.9 billion, which puts it in eighth place by market capitalization, according to CoinGecko's rankings. Cardano, which is currently valued at $9 billion, currently stands at ninth place.In addition, Solana's recent rally was not just limited to overshadowing Cardano.
Asian investors appear to be a significant force behind Solana's impressive performance, according to recent data.The graph above shows that the APAC region has shown a significant upward trajectory in the cumulative returns for SOL. At the same time, the U.S. remains stable, and the EU experiences a modest rise.By comparison, Ethereum led the pack with NFT sales of over $9.9 million, followed by Mythos Chain at around $1.39 million.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Investor Raoul Pal on Solana (SOL): I Have Been Extremely Bullish All YearReal Vision CEO Raoul Pal indicates why $30 and $50 are critically important levels for Solana (SOL) price
Read more »
Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly HighsCrypto Blog
Read more »
Cardano price needs to close above $0.26 to confirm resistance is brokenCardano (ADA) price is among the worst performers in the altcoin community, stuck within a range for around two weeks that has ADA stunted and moving
Read more »
Large cryptocurrencies rise as Solana ralliesSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Read more »
Join U.Today at the Cardano Summit 2023 in Dubai!Join U.Today at the Cardano Summit 2023 in Dubai!
Read more »
Solana has a good chance of being 2024’s best performerSolana (SOL) price suffered a major setback after the FTX exchange filed for bankruptcy. But SOL’s comeback is nothing short of a miracle, considering
Read more »