Solana price rallied to a new record high while SOL entered the top-five cryptocurrencies by market cap for the first time.
Solana’s (SOL) autumn rally continued on Nov. 3 with its price and market cap hitting a new record high.SOL surged by 7% in the past 24 hours to $236, pushing its market capitalization to over $70 billion for the first time in history. As the token wobbled near its record high levels, it flipped Cardano (ADA) briefly to become the world’s fifth-most valuable crypto asset.Currently, SOL’s market cap was around $69.37 billion, just $500 shy of ADA’s $69.87 billion market valuation.Top ten cryptocurrencies by market cap (as of 1230 UTC, Nov. 3). Source: MessariSolana rallies on NFT crazeSolana battling for the top-five cryptocurrency spot came on the heels of SOL’s renewed upside strength heading into the fourth and the final quarter of 2021. For instance, the Solana blockchain’s native token grew by over
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