• SOL is simply 7.6% off its all-time excessive of $260.
• This digital asset has soared 50.05% within the final month alone.
• The Solana ecosystem stays the most well-liked ecosystem within the crypto house.

In accordance with a current CoinGecko report, Solana stays the most well-liked blockchain ecosystem in 2024, accounting for 38.8% of worldwide investor curiosity. Solana's ecosystem dominance has confronted some decline, down 10.5% because the first quarter, however its low fuel charges, quick transaction speeds, and viral success of its meme coin platform Pump.enjoyable continues to outperform its rivals.

This dominance has propelled Solana’s native token, SOL, to new heights, buying and selling at $241.11. That is simply 7.62% under the all-time excessive of $260 reached in November 2021. SOL is up 9.74% over the previous week and up 50.05% from the previous week. Since November 2023, it has surpassed this by an astonishing 312.01%. Each Bitcoin (BTC) and Ethereum (ETH) throughout the identical interval.

Solana lately surpassed BNB to turn out to be the fourth-largest digital asset with a market capitalization of $114.39 billion. Nonetheless, the buying and selling quantity decreased to $8.05 billion, inflicting a slight value decline of 0.71% prior to now 24 hours.

Altko…

This put up brings SOL nearer to its $260 peak as Solana leads the blockchain ecosystem in 2024. First printed on Coin Version.