Solana Rises as Bitcoin and Ethereum Fall — Possible Reasons?

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Solana (SOL/USD) went up by 2.01%, standing out as the best-performing large-cap cryptocurrency in the past 24 hours, even though major cryptocurrencies like Bitcoin and Ethereum have been dropping.

Solana, the fifth-largest cryptocurrency by market value, increased by over 8% in one day, while Bitcoin and Ethereum saw significant losses, with Bitcoin down 2.13% and Ethereum down 5.02%.

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