SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024

• SOL is simply 7.6% off from its all-time excessive of $260. 
• The digital asset has surged 50.05% prior to now month alone.
• The Solana ecosystem stays the preferred one in crypto area.

Solana has retained its place as the preferred blockchain ecosystem in 2024, commanding 38.8% of worldwide investor curiosity, in keeping with a current CoinGecko report. Whereas Solana’s ecosystem dominance has confronted a slight decline, dropping 10.5% since Q1, it continues to outperform opponents with its low gasoline charges, speedy transaction speeds, and the viral success of Pump.enjoyable, a meme coin platform.

This dominance has propelled SOL, Solana’s native token, to new heights, buying and selling at $241.11—simply 7.62% beneath its all-time excessive of $260, achieved in November 2021. SOL has surged 9.74% prior to now week, 50.05% over the previous month, and an astounding 312.01% since November 2023, outperforming each Bitcoin (BTC) and Ethereum (ETH) throughout the identical interval.

Solana lately surpassed BNB to turn into the fourth-largest digital asset, with a market cap of $114.39 billion. Nonetheless, its buying and selling quantity dipped to $8.05 billion, inflicting a slight value drop of 0.71% prior to now 24 hours. 

Altco…

The publish SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024 appeared first on Coin Version.