The only cryptocurrency from the top 10 that grew by 20% in a week is named

Cryptocurrency analysts have recorded that Solana (SOL) has grown by 20.87% over the past seven days. Experts note that the digital asset shows a strong upward momentum.

The price of SOL is approaching a critical threshold, and the cryptocurrency is trying to overcome an important psychological barrier of $ 20. At the time of writing, the asset is down 0.35% at $ 19.10. SOL’s market capitalization is $ 10.5 billion. Traders made daily trading deals worth $ 319.5 million.

Solana is ranked ninth among the top 100 cryptocurrencies in the top 100 list, with the token maintaining a positive trend for 18 days over the past month. It is worth noting that last week, Solana registered a noticeable surge in daily active addresses, which means an increase in crypto user engagement.

At the end of June, the digital asset created by Ukrainian developer Anatoly Yakovenko was predicted to drop by 40%. As a reminder, the Solana project token was among the main losers from the top 10 best in the past weeks. This is due to the fact that the US Securities and Exchange Commission (SEC) has named Solana, BNB, Cardano, and Polygon as securities in its lawsuits.

Nevertheless, the Solana blockchain has attracted the attention of Melania Trump, the wife of former US President Donald Trump. It was on the Ukrainian developer’s network that she launched 3,500 NFT tokens dedicated to the US Independence Day.