Solana (SOL), reached a new all-time high after surpassing the $ 90 mark, thus becoming the ninth largest cryptocurrency by market capitalization after surpassing Polkadot.
Solana’s native token, SOL, reached a new ATH, surpassing the $ 90 mark a few moments ago.
According to CoinMarketCap data, SOL is the cryptocurrency with the best performance in the last 24 hours, with a 10% increase at time of publication.
Solana has registered an excellent rally, with a cumulative growth of more than 200% in the last 30 days. As of July 28, SOL was trading at $ 28.17 and, at press time, is trading at $ 90.5.
Thanks to the new ATH, SOL’s market capitalization stands at $ 26.4 billion, thus surpassing Polkadot (DOT) as the ninth largest cryptocurrency by market capitalization.
Great institutional interest
As BeInCrypto recently reported, investing in cryptocurrency funds and products generated $ 21 million over the past week. Solana and Cardano (ADA) were the cryptocurrencies with the greatest institutional interest.
According to the CoinShares report, Solana recorded the largest inflows compared to any other cryptocurrency for a total of $ 7.1 million, while Cardano recorded entries of $ 6.4 million.
All information on our website is published in good faith and for general information purposes only. Any action the reader takes on the information found on our website is strictly at your own risk.