Solana leads recovery from the massive dump, as SOL price hits new all-time high to flip XRP
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Solana is shaping up to be the only competition of Ethereum in the Atlcoin Dominance.
Less than a week Solana flipped Dogecoin, yesterday it flipped XRP, Solana is like the ripper, when it knocks on your door in takes your position in the market cap listing, BNB is next on the list.
Solana is leading a surge in the cryptocurrency market, with the price of its SOL token soaring +63.5% today to a new all-time high of $207.69(at the time I was writing this post), while other top performing coins including BTC, ETH, BNB, XRP and Dogecoin are struggling to recover from the massive dump from 2days ago.
Solana’s price has increased by more than 98% since the 1st of September this year, with the way Solana is pumping smashing $230 will be like walk in the park.
Solana has been crazy impressive this month, it hits 2 all-time-high in one day, hits 2 all-time-high in one week, it just keep out doing itself. It current market cap value is $58 billion on CoinGecko from $40.7 billion a week ago.
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Solana on steroids. Don't seem to be affected by the last dip. Guess we have a serious competitor for Ethereum if it continues this way
Yeah, I see it as the major competitor for Ethereum, I'm expecting it to flip BNB soon.
Because BNB has been struggling, and currently the difference between them is $4 billion Market Cap value.
Which in less than a week solona increase $18 billion in Market Cap Value.
Yeah. At this rate in which people are jumping onboard, it's only a matter of time before it surpasses BNB. Don't think it will ever overturn Ethereum though.
Don't seem to even know what exactly is responsible for the attention Solana is getting right now. Haven't really checked out what might be the trigger. Any specifics on what might be the reason for the sudden pump and all it is currently experiencing?
For Ethereum I don't think it's will surpass it any time soon , maybe in a couple of years if it continues at this phase.
Just maybe. Would be interesting to see how the coinmarketcap looks in couple of years time. Believe we will see some changes. Bitcoin and Ethereum would most likely still remain has top coins
We would definitely see changes