Today I want to bring you an excerpt from an article uploaded on Cointelegraph by columnist Martin Young, "A sharp 18% rise in Solana's price over the past 24 hours has propelled the cryptocurrency to fourth place in market capitalization, the first time it has achieved this in more than two years."
According to Young, "The latest surge catapulted Solana's market cap to USD 41.9 billion, surpassing Binance Coin's (BNB) market cap of USD 41.8 billion"
According to Young, "The last time Solana was in fourth place was in November 2021, according to CoinMarketCap. At that time, at the height of the bull cycle, it had a market cap of USD 75 billion, but was still behind BNB at USD 108 billion."
When I refer in the title about talking about Solana and its good momentum in market cap, it is because, "the Solana team reflected on the year at its "Solana Solstice" celebration and annual review of events, which included Bonk (BONK) rush, Saga mobile device launch, artificial intelligence integration and institutional partnerships."
I would like to know your appreciation on the good momentum of the Solana cryptocurrency.
SOURCES CONSULTED
Cointelegraph. Solana surge continues, now flipping Binance’s BNB in market cap. Link
OBSERVATION:
The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
