Solana

Litecoin

2024

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<p><a href="https://captainaltcoin.com/heres-why-solana-sol-has-continued-to-outperform-ethereum-and-many-other-cryptos/" target="_blank" rel="noopener noreferrer nofollow">Solana’s (SOL) price </a>has hit a new high surpassing the previous at $260, while closing the market cap gap with Tether (USDT). Recent data reveals substantial whale accumulation and a surge in trading volume.&nbsp;</p>
<p>Moreover, this price action comes as SOL edges closer to potentially claiming the third spot in crypto rankings.</p>
<h2 class="wp-block-heading" id="strong-solana-breaks-260-ath-amid-whale-accumulation-strong"><strong>Solana Breaks $260 ATH Amid Whale Accumulation</strong></h2>
<p>As per blockchain analytics platform, Lookonchain, Solana’s price rose to $260.28, narrowly exceeding its previous ATH of $260.06 from the last bull market.&nbsp;</p>
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> price breaks through $260, setting a new <a href="https://twitter.com/hashtag/ATH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ATH</a>!<br><br>Whales continue to accumulate <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>!<br><br>A fresh wallet withdrew 42,443 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>($11.14M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> in the past 2 days.<a href="https://t.co/NVEWdZJVnr" target="_blank" rel="noopener noreferrer nofollow">https://t.co/NVEWdZJVnr</a><a href="https://t.co/v2oOIG7igP" target="_blank" rel="noopener noreferrer nofollow">https://t.co/v2oOIG7igP</a> <a href="https://t.co/wHjoAYneVu" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wHjoAYneVu</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1859815155930103995?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 22, 2024</a>
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<p>Whale transactions have contributed substantially to this rise. A newly created wallet withdrew 42,443 SOL (valued at $11.14 million) from Binance in the past two days.&nbsp;</p>
<p>Moreover, another whale bought 100,000 SOL worth $23.86 million and staked it. This whale now holds 231,919 SOL, equivalent to $55.58 million.</p>
<p>Such high-value transactions highlight growing confidence in Solana’s long-term prospects, with major investors accumulating the asset amidst its price rally.</p>
<h2 class="wp-block-heading" id="strong-solana-s-remarkable-growth-over-four-years-strong"><strong>Solana’s Remarkable Growth Over Four Years</strong></h2>
<p>Analyst Crypto Patel noted that Solana has delivered exceptional returns since its inception. Over the past 1,480 days, SOL has grown by 24,220%, or 242x, meaning a $1,000 investment during its early days would now be worth $242,200.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="518" src="https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-1024x518.jpeg" alt="" class="wp-image-586133" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-1024x518.jpeg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-300x152.jpeg 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-767x388.jpeg 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-1536x777.jpeg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-2048x1036.jpeg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-297x150.jpeg 297w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-100x51.jpeg 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-692x350.jpeg 692w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-788x398.jpeg 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44.jpeg 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Source: </em></strong><a href="https://x.com/CryptoPatel/status/1859794835898761310" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Crypto Patel</em></strong></a>
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<p>Patel also shared predictions suggesting that Solana could reach $450 in this bull run, underscoring its potential as a strong investment option.</p>
<p>These statistics highlight the project’s sustained performance, positioning it as a leading contender in the <a href="https://alexablockchain.com/bitcoin-nears-100000/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency market</a>.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/litecoin-ltc-price-edges-out-of-multi-year-triangle-what-could-be-next/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Litecoin (LTC) Price Edges Out of Multi-Year Triangle—What Could Be Next?</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-solana-eyes-tether-s-market-cap-position-strong"><strong>Solana Eyes Tether’s Market Cap Position</strong></h2>
<p>Solana’s rapid ascent is narrowing the gap with Tether. SOL’s current market capitalization of $124.7 billion is only $5 billion below USDT’s $130.7 billion, according to Crypto Patel.&nbsp;</p>
<p>By reaching $276, SOL will overtake Tether as the third-largest crypto by market cap. Solana’s potential to compete with other top assets is demonstrated by this development.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Solana</a> Close to Overtaking <a href="https://twitter.com/hashtag/Tether?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Tether</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>If <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> reaches&nbsp;$276, it will pass <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a> to become the&nbsp;3rd largest cryptocurrency&nbsp;by market cap.<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;">&nbsp;Current Rankings:<br>#3 USDT:&nbsp;$130.7 Billion<br>#4 SOL:&nbsp;$124.7 Billion<br><br>Solana only needs&nbsp;$5 Billion&nbsp;more in market cap to take the 3rd spot.… <a href="https://t.co/xdVCaHNUnA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/xdVCaHNUnA</a></p>— Crypto Patel (@CryptoPatel) <a href="https://twitter.com/CryptoPatel/status/1859808967553319389?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 22, 2024</a>
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<p>At publication, <a href="https://www.coingecko.com/en/coins/solana" target="_blank" rel="noopener noreferrer nofollow">Solana trades at $261.39</a>. Moreover, SOL has had a daily volume of $15.14 billion according to CoinGecko data. The value of the token has risen by 24.74% and 8.64% in the last week and day, respectively.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/solana-price-hits-new-ath-as-whales-accumulate-can-sol-overtake-tether/" rel="noopener noreferrer nofollow">Solana Price Hits New ATH as Whales Accumulate: Can SOL Overtake Tether?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Solana Price Hits New ATH as Whales Accumulate: Can SOL Overtake Tether?

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