Solana has become the fourth largest cryptocurrency in terms of market cap. This is a huge development. According to, the flip took place on Friday when SOL increased by an impressive 8.4% over the past 24 hours. CoinMarketCap.
This token has experienced a constant upswing. The crypto’s gains over the last thirty days have reached more than 30 percent, and it has recently surpassed $181. SOL could be getting an upgrade. ETF in 2025, The market seems to be betting on its potential.
Please Read This: Solana: Analyst Says SOL Could Surge 900% in 2024
Solana becomes the fourth largest crypto by market capital
The topic of cryptocurrency has been a hot one in 2024. The asset class’s stock has steadily risen since Bitcoin and Ethereum broke down the barriers to get the first crypto ETF in the United States. One token wants to make it into the top three of the crypto market.
Solana is now the fourth largest cryptocurrency by market capitalization, overtaking BNB. SOL is now the third-largest non-stablecoin, behind Bitcoin, Ethereum and USDT. Moreover, many believe the recent upsurge is just beginning.
Please Read This: Ripple or Solana: 21Shares CEO Answers Which ETF is Next
Crypto analyst Ali Martinez recently took to X (formerly Twitter) To discuss the asset’s enormous potential. He noted specifically that the asset had immense potential. “looking a lot like 2021.” Furthermore, he said that SOL might reach $1,000 soon.
It is not impossible. This token is now firmly positioned alongside BTC and ETH. This token is gaining popularity alongside BTC, ETH and other cryptocurrencies. VanEck It is anticipated that the 21Shares Solana Funds ETFs would be listed first. next To get an investment vehicle, you need to have the asset. SOL could reach new heights if Ethereum proves a huge success.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru