Solana and Cardano Top the List in Crypto Recovery
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Solana (SOL) and Cardano (ADA) are leading the crypto market’s gains, showing slight inflows over the past 24 hours. The total market cap has risen to $2.28 trillion, up 3.35% today.
Previously, it was over $2.6 trillion with high institutional inflows. Known as ETH killers, Solana and Cardano have recorded inflows along with gains in meme coins and DeFi tokens. Solana’s role as a leading smart contract blockchain impacts DeFi activities and volumes.
In the past couple of years, Solana has earned a reputation for outpacing top assets during market rebounds. Today, SOL is up 5.98%, completely eclipsing its weekly outflows. The weekly figures are now in the green, with SOL trading at $137.73. However, the 30-day numbers are down 17%, reflecting previous losses.
