bitcoin
Bitcoin (BTC) $ 24,185.48
ethereum
Ethereum (ETH) $ 1,688.97
tether
Tether (USDT) $ 1.01
bnb
BNB (BNB) $ 322.19
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.419087
binance-usd
Binance USD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.096106
cardano
Cardano (ADA) $ 0.405199
solana
Solana (SOL) $ 25.52
matic-network
Polygon (MATIC) $ 1.25
polkadot
Polkadot (DOT) $ 6.57
tron
TRON (TRX) $ 0.06389
bitcoin
Bitcoin (BTC) $ 24,185.48
ethereum
Ethereum (ETH) $ 1,688.97
tether
Tether (USDT) $ 1.01
bnb
BNB (BNB) $ 322.19
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.419087
binance-usd
Binance USD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.096106
cardano
Cardano (ADA) $ 0.405199
solana
Solana (SOL) $ 25.52
matic-network
Polygon (MATIC) $ 1.25
polkadot
Polkadot (DOT) $ 6.57
tron
TRON (TRX) $ 0.06389
-3.9 C
Chicago
HomeCryptoSOL up 20% in 2023 as Solana Prepares to Demolish SHIB in...

SOL up 20% in 2023 as Solana Prepares to Demolish SHIB in Market Cap High

With the arrival of the brand new 12 months of 2023, liquidity appears to have returned to the crypto market, in addition to seemingly dropping enthusiasm. Essentially the most “revived” crypto asset of the primary days of the brand new 12 months was Solana, SOL, which has risen 20% because the starting of January. This appears to be like significantly attention-grabbing in opposition to the backdrop that in 2022, SOL was breaking one other backside and turning into a single-digit value asset.

SOL to USD by CoinMarketCap

Now that the Solana token is exhibiting sturdy momentum once more, it’s price trying on the market capitalization rating, the place SOL nonetheless sits in sixteenth place, behind even the Shiba Inu token, SHIB.

Because of a profitable begin to the 12 months and the towing of a rival to a spot nearer to the solar, the hole between SOL and SHIB has now narrowed to simply $100 million. If the pattern continues, a fast discount in distance and the return of the Solana token, if not into the highest 10, then at the least to the highest 15, will be anticipated.

What’s BONK and what does it must do with Solana?

The doable causes for the inexperienced candles on the SOL value chart have been reported by U.Right this moment earlier. The going opinion is that the hype across the BONK token, the brand new meme coin on Solana, was a significant factor. The token is actively promoted on social media, with even the blockchain’s official Twitter account reposting memes about it.

See also  Litecoin Could Begin Promote-Off, Falling to $49, Distinguished Analyst Says

CoinsTeacher

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Explore More

Related Articles