HomeCoinsBitcoin (BTC)Solana Taps Another All-Time High Eclipsing Dogecoin's Market Cap, SOL Jumped Over...

Solana Taps Another All-Time High Eclipsing Dogecoin’s Market Cap, SOL Jumped Over 300% Last Month – Market Updates Bitcoin News

- Advertisement -


Crypto assets have seen significant gains over the last month and one such digital currency, solana (SOL) has propelled itself into the top ten rankings and recently flipped the crypto asset dogecoin’s market cap position. As of Friday, solana currently holds the seventh-largest market valuation out of all the coins in existence with a market cap of around $41 billion.

Solana Skyrockets More Than 300% in 30 Days

In mid-August, Bitcoin.com News reported on solana (SOL) capturing fresh all-time highs and since then the crypto asset has gained a lot more value. At that time, solana had just made it into the top ten crypto market capitalizations and today it has risen to the seventh-largest crypto market worldwide. Our report noted that SOL was trading for $74 per unit and today SOL is swapping for $141 per coin, up 90.54% since the market report published on August 17.

SOL has gathered double-digit gains in 24 hours, jumping over 20%. In the last week SOL has gained a whopping 85.3%. Two-week stats show SOL jumped 93.1% and during the last month, solana has gained a massive 310.8%. Year-to-date, solana has risen 3,277.6% and is one of 2021’s top-performing crypto assets. Tether (USDT) is solana’s largest trading pair as SOL/USDT swaps represent 54% of all SOL trades today.

Solana Taps Another All-Time High Eclipsing Dogecoin's Market Cap, SOL Jumped Over 300% Last Month

The SOL/USDT pairing is followed by USD (14.87%), BTC (12.80%), BUSD (7.91%), TRY (2.95%), and ETH (2.76%) as far as the top SOL pairs are concerned. Out of the $2.3 trillion in value, solana’s market cap represents 1.73% of the entire crypto-economy, in terms of dominance. Solana pushed dogecoin (DOGE) out of the seventh-largest position on Thursday and the market valuation continues to grow.

With a $41 billion market cap, solana still has a ways to go to eclipse XRP’s $59 billion valuation. The crypto asset SOL tapped an all-time high today, on September 3, 2021, reaching $145.22 per coin. There’s $7.7 billion in global trade volume paired with solana (SOL) on Friday.

What do you think about solana’s (SOL) massive gains and the coin moving up the top ten crypto cap ladder? Let us know what you think about this subject in the comments section below.

Tags in this story
300, crypto asset caps, crypto assets, Doge, dogecoin, Double-Digit Gains, Market Cap, Market Caps, Market Valuation, Markets, Massive Gains, Prices, SOL, SOL pairs, SOL volume, Solana, Top Ten, trade volume, trading

Image Credits: Shutterstock, Pixabay, Wiki Commons, tradingview, various logos,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

First published here

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,546FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 55,543.00
ethereum
Ethereum (ETH) $ 4,408.80
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 550.65
litecoin
Litecoin (LTC) $ 195.63
eos
EOS (EOS) $ 3.93
okb
OKB (OKB) $ 26.66
tezos
Tezos (XTZ) $ 5.08
leo-token
LEO Token (LEO) $ 3.58
cardano
Cardano (ADA) $ 1.61
monero
Monero (XMR) $ 231.25
stellar
Stellar (XLM) $ 0.345533
chainlink
Chainlink (LINK) $ 24.44
huobi-token
Huobi Token (HT) $ 9.61
tron
TRON (TRX) $ 0.098408
usd-coin
USD Coin (USDC) $ 0.999204
dash
Dash (DASH) $ 174.73
neo
NEO (NEO) $ 36.15
iota
IOTA (MIOTA) $ 1.44
nem
NEM (XEM) $ 0.16691
zcash
Zcash (ZEC) $ 222.44
maker
Maker (MKR) $ 2,829.97
paxos-standard
Pax Dollar (USDP) $ 0.997475
ethereum-classic
Ethereum Classic (ETC) $ 45.99
vechain
VeChain (VET) $ 0.113895
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 47.97
kucoin-shares
KuCoin Token (KCS) $ 24.60
waves
Waves (WAVES) $ 20.73