Title: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: Exotic5 on March 17, 2024, 06:29:38 PM The price of SOL has been on an upward trend this month, climbing from $54.17 on November 28 to $99.12 on December 22.
At the moment, the coin is trading at $91.6, and its market worth of $38.9 billion positions it in fifth place, just below BNB. On December 22nd, SOL surpassed BNB in terms of revenues, hitting $41.9 billion, which was more than BNB's $41.8 billion. Despite this, SOL is still more than 64 percent behind its all-time high of $260.06. https://coinmarketcap.com/community/articles/6587239e1c205e51dc2f717c/ Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: yazher on March 17, 2024, 08:02:52 PM Once they announce the gonna burn some of their supplies with this kind of prize, surely their investors will also rise up and this is one indication that their market is way more healthy right now than any other altcoins below them. Man, those who invested in their early days are surely the ones who are winning right now as if they were lucky to invest in the early days of bitcoins. I thought Solana wouldn't reach this far since their competitors back in the days were really strong and they were just holding tightly not to become like TRON or any other altcoins who are close to perish but look at them now, I should have bought more of their altcoins when they were at lower price.
Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: Orpichukwu on March 17, 2024, 10:46:18 PM I'm a bit surprised by the way Solana has really pumped so high these past few months. Even when the Bitcoin price was kind of dropping, it was not obeying the price correction, which is really something most altcoins can't do.
Those who saw the market trend and took advantage of it by buying a few when they could when the price was still below $100 are really going to enjoy it right now. Solana is a good blockchain, and most of the projects under them are doing pretty well, and some new ones that are using the trend are also making a little name for themselves. I just hope Wave and EOS blockchain can wake up someday like this and show their potential. Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: Wiwo on March 17, 2024, 11:00:00 PM Solana have indeed rise significantly in this bull run and also to a far extent we have seen a hug surge in the traffics to solana as a project and from what we had and have seen the token is already beating some coins that are in his category e.g BNB which network have suspended sol network due to Hugh volumes.
This is a significant moment for Solona and most of the old investors will be cashing out their profits by now, and much more so it becomes a viable assets to hold against the next bull market. Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: JeffBrad12 on March 17, 2024, 11:02:53 PM it will surely go up to its previous level that is the all time high again eventually, its really crazy with solana though you see the price growth has been quite massive, it was starting from being fudded to oblivion that it get down to the level of $10 and right now almost reaching its all time high.
but arguably speaking solana dump back then was so hard, so its going nearing the all time high is to be expected i would call it price recovery. but then again any other coin out there are also nearing their all time high some also already went past the all time high so its kinda normal if you think about it even bitcoin is breaking past the all time high easily. in my opinion, solana recovery to its all time high is kinda to be expected, but what make it stand out is that the fact that this coin could be pumping and stay independent of bitcoin price movement unlike most of the coin out there where they will be dumping whenever bitcoin got slight correction. I think thats the biggest advantage that solana is having despite of course the power outage that has happened quite frequently. Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: mich on March 18, 2024, 06:06:58 AM Well Solana is doing a good week for profits. The token is up 45 percent just in the last 7 days. And now it has Marketcap of $90.3 Billion only 13 from Tether.
And it is with Bitcoin and Eth not making profits in this time. If some one wants to invest in the alt coins now is a time to invest in Solana I think. https://www.tradingview.com/news/newsbtc:83845ad11094b:0-sol-price-crosses-200-milestone-what-s-next-for-solana/ Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: Alone055 on March 18, 2024, 06:17:43 AM The price of SOL has been on an upward trend this month, climbing from $54.17 on November 28 to $99.12 on December 22. At the moment, the coin is trading at $91.6, and its market worth of $38.9 billion positions it in fifth place, just below BNB. On December 22nd, SOL surpassed BNB in terms of revenues, hitting $41.9 billion, which was more than BNB's $41.8 billion. Despite this, SOL is still more than 64 percent behind its all-time high of $260.06. https://coinmarketcap.com/community/articles/6587239e1c205e51dc2f717c/ You should at least see the date before posting something. That article is 3 months old and posted in Dec 2023, so the prices and everything in that article and your post are all outdated. SOL is trading at $203.2 by the time of writing this, with a market cap of $90.05B and it is now ranked number 4. It is now less than $60 away from it's all-time high. Title: Re: Solana officially flipped BNB and is the world's 4th largest crypto by valuation Post by: X-ray on March 18, 2024, 06:49:47 AM The hype for SOL is real and this is the meme token effect for solana blockchain. Billions of volume have went to the meme coin, which is also strengthening the price of Solana. That's why it has risen up but yeah ths may also go down again. It was so amazing to fully invest in solana last year.
We are able making at least 20x ROI when we bought solana when it was around 10 bucks each last season. People massively bought solana for meme coins purpose and this is also greatly impacting the performance from solana. What an amazing price pump for sol. I thought that touched 100 hundrds could become peak price for solana but i was wrong. |