Finally, the Solana blockchain network has reached a $100 billion market cap, marking a significant milestone and signaling the start of the first phase of the crypto bull run.
The current trading price of Solana ($SOL) is $210, a level that represents a 44% increase over the last 30 days. In the past 24 hours, the price of this cryptocurrency has surged by 4.5%.
The current trade price of #Solana ($Sol) coin is $210 pic.twitter.com/NiR5fibhbo
— Bitcoinik (@Bitcoinikdotcom) November 10, 2024
Today, Solana’s market cap briefly surpassed $100 billion but has since settled to approximately $99.28 billion.
According to crypto analyst “Titan of Crypto,” the trading price of Solana may rise to $1,400 under the current market conditions.
#Altcoins #SOL at $200 and Breaking Out! 💥 A MASSIVE Bull Flag is unfolding on #Solana. 🚀 Target: $1,400 🎯 pic.twitter.com/eQyYyn33cm
— Titan of Crypto (@Washigorira) November 8, 2024
Bitcoin Price Action
Today, Bitcoin reached a new all-time high. Just an hour before this article’s publication, Bitcoin was trading at $81,423. The current trading price of Bitcoin is $80,343, reflecting a 4.5% increase over the last 24 hours. Bitcoin enthusiasts noted that Bitcoin is very close to surpassing silver’s market cap.
Bitcoin about to flip Silver. #Bitcoin vs Silver🟧🟧🟧🟧🟧🟧🟧🟧⬜️$1.77T$1.6T 90%🚀
— Bitcoin Archive (@BTC_Archive) November 10, 2024
Google Searches for Bitcoin Surge
Following Bitcoin’s rise to $80,000, Google search volumes for “Bitcoin” and “Buy Bitcoin” have surged significantly.
"Buy Bitcoin" is at pre-parabolic bull market levels and rising fast. pic.twitter.com/S3XJZ0NHnu
— Bitcoin Archive (@BTC_Archive) November 10, 2024
This trend in Bitcoin-related searches has been growing rapidly over the past few days. Notably, the top two countries with the highest search volume for “Buy Bitcoin” are Bitcoin-friendly El Salvador and Nigeria, where the crypto sector is developing under a gray regulatory zone.
Blue region is actually orange (#Bitcoin) pic.twitter.com/V8Rz4IS4Ek
— Bitcoinik (@Bitcoinikdotcom) November 10, 2024
Read also: MicroStrategy’s Bitcoin Profits Soar Past $10.19 Billion as Michael Saylor Eyes Even Greater Gains