Solana exchange rate increased by 10% overnight


The price of Solana again exceeded $200. Altcoin capitalization rose to $64.4, which brought the coin to the 6th place among digital currencies.

Solana overtook XRP in the cryptocurrency ranking by capitalization, RBC noted. Within a day, altcoin has risen by more than 10%, reaching a mark of $217.4 as of 6:13 p.m. Moscow time. During the week, the price of the coin increased by 29%. 

Analysts allow the possibility of altcoin rate growth in the near future. The price of altcoin may rise after news about updates to the Solana system. This blockchain is considered by experts to be a competitor of etherium. However, DeFi protocols in the Solana network currently contains blockchain cryptocurrency worth $13.5 billion. This figure in the Ethereum system exceeds $162.8 billion.

Share article with friends

Technical Analysis