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Solana’s Meteoric Rise Pushes XRP Down, What is Next?

Published 12/21/2023, 06:47 PM
Updated 12/21/2023, 07:15 PM
© Reuters.  Solana’s Meteoric Rise Pushes XRP Down, What is Next?
XRP/USD
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SOL/USD
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  • 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.

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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