Breaking 20-Month Highs

Analyzing data from CoinMarketCap, it is evident that SOL’s price experienced a noteworthy surge from $94 to its current value of $107 within the past 24 hours.

This surge marks a significant achievement for Solana, breaking its 20-month high, a level not reached since April 2022.

The cryptocurrency’s resilience and the positive sentiment in the market have propelled it to new heights.

Market Capitalization Milestone

The robust 18% surge in SOL’s price within the last 24 hours has elevated Solana to the fourth position in market capitalization. This accomplishment is particularly noteworthy as it signifies the first time Solana has held this position in over two years. The current market cap stands impressively at $41.9 billion, surpassing Binance Chain’s BNB, which is now at $41.8 billion. SOL is currently priced at $107.40, reflecting an 14% increase for the day.

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