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$SOL #sol ##HODL✊🚀 ##pumpcoins #Launchpool As per CoinMarketCap : On Sunday, Dec. 24, Solana registered an important new milestone: it surpassed Binance Coin in terms of market capitalization, taking fourth place in CoinMarketCap's rating. Currently, Solana's market capitalization is standing at $50 billion, while BNB is trailing behind with $40.6 billion. The achievement comes at the time of a broader rally on the crypto market, with SOL's price hitting $119, marking an impressive 67.3% rise over the last seven days. Another noteworthy development is Solana outperforming major cryptocurrencies like Bitcoin and Ethereum in trading volumes on Coinbase. Last, but not least, Solana has experienced a surge in DEX volumes, surpassing all other chains with a 3,078% higher volume than Ethereum.

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As per CoinMarketCap news, With this regulatory approval, Paxos plans to launch its first product in the Solana ecosystem on January 17, 2024. Pax Dollar will be offered to users as a US-backed stablecoin product. As reported by Fortune, Paxos strategy director Walter Hessert announced that after a comprehensive and detailed review, Paxos decided not to object to expanding USDP from Ethereum to Solana. The institution’s review focused on the internal risk framework of the Solana ecosystem.
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