Solana’s derivatives metrics remained bullish while its price surged.
SOL rose by 60% over the last week.
Solana [SOL] has performed remarkably well, becoming the top altcoin, only second to Ethereum [ETH]. This can be attributed to the token’s bullish performance on the price front in the recent past.
Alongside this, SOL also maintained its streak of bullishness, as it broke past another barrier.
A look at Solana’s astonishing performance
Solana’s latest bull rally allowed the token to earn its spot just under Ethereum in terms of market capitalization. SOL achieved this by overtaking the formerly top coins, which were Ripple [XRP] and BNB Chain [BNB].
According to CoinMarketCap, SOL was up by more than 60% in just the last seven days. At the time of writing, it was trading at $113.06 with a market cap of over $48 billion.
Caleb Franzen, a popular crypto analyst, recently posted a tweet highlighting SOL’s remarkable performance.
Solana $SOL keeps doing bull market thin
We współpracy z: https://ambcrypto.com/solana-flips-xrp-and-bnb-chain-heres-what-went-down/
