50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB

Published 12/15/2022, 08:48 PM
Updated 12/15/2022, 09:15 PM
Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB
SHIB/USD
-
SOL/USD
-

  • Solana is now ranked 14 in terms of global market cap.
  • SOL dethrones TRON and SHIB and took over their place.
  • Solana’s market cap currently stands at $5.2 billion.

As per the latest data from CoinMarketCap, Solana (SOL) has now dethroned Tron (TRX) and Shiba Inu (SHIB) in terms of market capitalization. SOL, which was earlier in the sixteenth position in market cap, has taken two steps forward and is currently positioned in the fourteenth place.

Solana’s current market capitalization stands at $5,214,689,107, which is $100 million more than that of TRON and almost $310 million more than that of SHIB. SOL’s market cap has been up by 2.2% in the last 24 hours. TRON’s and SHIB’s market caps currently stand at $5,129,416,484 and $4,895,369,607, respectively.

Data from CoinMarketCap reveals that there has been a spike of 58% in 24-hour trading volume for Solana. It stood at $493,056,720 during press time. SOL is trading at $14.22, with a 2.26% spike in value over the last 24 hours. The coin is also up by 5.29% over the last seven days.

TRON is also displaying a 1.29% gain during the same time period; however, SHIB is down by 2.49%. TRON enjoyed a spike in the market cap by 1.27%, but SHIB’s ...

The post Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.