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Solana demonstrates significant growth amid the recovery of the crypto market

12:36 pm, May 17, 2024

Cryptocurrency analysts note that the price of Solana SOL $255.72 Solana -2.53% Market capitalization $121.38 billion VOL. 24 hours $1.21 billion has increased significantly within 24 hours. At the time of writing, SOL is valued at $ 163 with a market capitalization of $ 73.47 billion.

One of the main reasons for this growth of the cryptocurrency token was the news from crypto platforms such as Robinhood and Infinex. In particular, Robinhood announced the launch of the Solana staking function in Europe. The platform also launched a bonus program for new customers.

The rise in SOL’s price coincided with the positive dynamics of the market, which has risen by 4.7% over the past day, reaching a total market capitalization of $ 2.4 trillion.

It should be added that the flagship crypto asset BTC $98,731.93 Bitcoin -0.31% Market capitalization $1.95 trillion VOL. 24 hours $4.29 billion is currently trading at $ 65,983 with a market capitalization of $ 1.3 trillion. Traders have made daily trading deals worth $ 29.8 billion. BTC’s market share is 54.3%.

The leading altcoin, in turn, reached $ 2,966. The total number of coins circulating on the market amounted to $ 356.2 billion. Traders made daily trading deals worth $ 12.2 billion. Ethereum’s market share amounted to 14.9%.

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BTC

$98,731.93

-0.31%

ETH

$3,330.94

-0.34%

BNB

$642.44

1.12%

XRP

$1.57

14.31%

SOL

$255.72

-2.53%

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