TL; DR
- Solana’s Price Increase: SOL’s rate rose to almost $75 just recently, a peak last seen in May 2022, and presently stands at about $71.
- NFT Sales Volume Growth: Solana briefly surpassed Ethereum in NFT sales volume development, with a considerable 53% weekly boost.
- Bonk Inu’s Exceptional Performance: The Solana-based memecoin, Bonk Inu, saw a 400% increase in its rate, overtaking other popular memecoins.
SOL Performing Better Than ETH in This Aspect
The 6th biggest cryptocurrency by market capitalization– Solana (SOL)– has actually been on a tear recently, with its rate skyrocketing from the start of Q4, 2023. Last weekend, it struck practically $75 (per CoinGecko’s information), a peak last experienced in May 2022. In the list below days, SOL somewhat reduced to its existing level of $71 due to the continuous market correction.
SOL Price, Source: CoinGecko
Apart from experiencing a quick rate climb, the property likewise went beyond numerous of its competitors in regards to deal volume and other metrics.
According to CryptoSlam, Solana non-fungible token (NFT) sales volume has actually marked a larger boost on a weekly basis than Ethereum. The figure with the previous has actually reached practically $68 million,