2024

Solana

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>SOL is just 7.6% off from its all-time high of $260.&nbsp;</li>
 <li>The digital asset has surged 50.05% in the past month alone.</li>
 <li>The Solana ecosystem remains the most popular one in crypto space.</li>
</ul>
Solana has retained its position as the most popular blockchain ecosystem in 2024, commanding 38.8% of global investor interest, according to a recent CoinGecko <a href="https://www.coingecko.com/research/publications/most-popular-blockchain-ecosystems" target="_blank" rel="noopener noreferrer nofollow">report</a>. While Solana’s ecosystem dominance has faced a slight decline, dropping 10.5% since Q1, it continues to outperform competitors with its low gas fees, rapid transaction speeds, and the viral success of Pump.fun, a meme coin platform.
This dominance has propelled SOL, Solana’s native token, to new heights, trading at <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">$241.11</a>—just 7.62% below its all-time high of $260, achieved in November 2021. SOL has surged 9.74% in the past week, 50.05% over the past month, and an astounding 312.01% since November 2023, outperforming both Bitcoin (BTC) and Ethereum (ETH) during the same period.
Solana recently surpassed BNB to become the fourth-largest digital asset, with a market cap of $114.39 billion. However, its trading volume dipped to $8.05 billion, causing a slight price drop of 0.71% in the past 24 hours.&nbsp;
<h2 class="wp-block-heading" id="h-altcoin-season-hinges-on-bitcoin-dominance-levels">Altco…</h2>
The post <a href="https://coinedition.com/sol-nears-260-peak-as-solana-leads-blockchain-ecosystems-in-2024/" rel="noopener noreferrer nofollow">SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024

Table of Contents

Coin Edition

Other articles published on Nov 19, 2024

Altcoin’s 30,000x ROI Potential Steals the Show—A Step Ahead of Polkadot’s Upgrades & Arbitrum’s TVL

Whale Accumulation Surges: Can $2000 MKR Price’s Next Stop?

Things Are Getting $JUICY on Avalanche

Early Access to ChainBank Token, an RWA Platform Connecting TradFi with Crypto

🌐 HealthSci.AI Meme Challenge: Join the Fun, Win $HSAI Tokens, and Go Viral! 🌐

Bitcoin metric breakout teases 'inevitable' 90% BTC price rally next

Join our free newsletter for daily crypto updates!