Solana reaches $ 120 per coin

on December 24, Solana’s (SOL) quotes hit $ 118 for the first time since April 2022. Over the past day, the cryptocurrency has risen in price by 19%.

At the time of writing, Solana is trading at $ 114. The project’s capitalization is $ 48.5 billion, and over the past day, the trading volume of the SOL token has reached $ 5.7 billion.

All digital assets from the top 10 in terms of capitalization have moved into the green zone. In addition to Solana, Avalanche (12.8%) and BNB (12%) have shown significant growth over the past week.

As a reminder, on Wednesday, December 20, Solana surpassed XRP in the cryptocurrency ranking by capitalization and took fifth place. On Friday, December 22, the market value of the asset exceeded that of BNB, giving the project the fourth place among the largest cryptocurrencies.