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Solana (SOL) beats TRON and Shiba Inu (SHIB) in CoinEdition market cap

Solana (SOL) beats TRON and Shiba Inu (SHIB) in CoinEdition market cap

#Solana #SOL #beats #TRON #Shiba #Inu #SHIB #CoinEdition #market #cap Welcome to Alaska Green Light Blog, here is the new story we have for you today:

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Solana (SOL) beats TRON and Shiba Inu (SHIB) in market cap has climbed to 14th place in terms of market cap, ahead of TRON. At 45%, SOL is the crypto with the highest rise so far in 2023. The meme coin Bonk is partially responsible for Solana’s recent surge in market cap.

CoinMarketCap data shows that Solana (SOL) has climbed to 14th place in the ranking based on market cap. SOL now ranks higher than TRON (TRX) and Shiba Inu (SHIB). Both cryptos are ranked 15th and 16th respectively on the platform.

At the time of writing, Solana’s market cap is $4.87 billion. That’s nearly $200 million more than TRON’s market cap of $4.68 billion. Shiba Inu’s market capitalization was US$4.57 billion during the same period.

Solana has been in a clear uptrend since early 2023. It started the year with a market cap of $3.04 billion. In the past seven days, it added about $2 billion, reaching nearly $5.2 billion. A pullback in the last 48 hours has caused this level to drop to $4.87 billion, marking its current position.

With a 45% increase, Solana is the cryptocurrency with the highest increase since the beginning of the new year. Its price has also increased from $9.93 on the first day of the year to $13.20 at the time of writing.

This latest surge…

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