- Solana eclipses XRP, soaring to 5th in crypto ranks with a $36B market cap.
- SOL’s 11,000% rise in 5 years marks a new era in blockchain innovation.
- DeFi and meme coin mania propel Solana’s TVL past $1B, outshining Ethereum and Cardano.
Solana (SOL) has achieved a significant milestone, surpassing Ripple’s XRP to become the fifth-largest cryptocurrency by market capitalization. This marks a pivotal moment in the digital currency space, with Solana reaching a market cap of $36 billion. The ascent of Solana reflects a dynamic shift in the crypto landscape, indicating investor confidence and a growing preference for innovative blockchain platforms.
I said this flip seemed inevitable on 8 December but I thought XRP would hold on to number 5 spot a little longer than just 12 more days. It is hard to hold on when another coin does over 11,643% in 5 years. Solana has gone past many coins in that time. https://t.co/XUr8JZF0Uy pic.twitter.com/xpcW5ttxXr— bill morgan (@Belisarius2020) December 20, 2023
SOL Growth Trajectory
The surge in Solana’s market value is a testament to its remarkable growth journey. In just five years, Solana has seen an 11,000% increase …
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