Solana Flips ADA and Captures Spot on CoinMarketCap Trending List
- SOL was able to flip ADA in terms of market cap, earning it a spot on CoinMarketCap’s trending list.
- Both SOL and ADA saw their price decline over the past 24 hours of trading.
- SOL’s price was attempting a retest of the $20.70 support level at press time.
Solana (SOL) hit CoinMarketCap’s trending list after it was able to flip Cardano (ADA) in the market cap race. After surpassing ADA in market cap, SOL was trading hands at $21.77 at press time, after its price slipped by 2% in the past 24 hours of trading.
Along with its latest price decline, SOL’s 24 hour trading volume dropped by 7.30%, which left it standing at $252,474,294. Additionally, SOL suffered losses of more than 6% in the past seven days as well. However, the Ethereum-killer’s price was still up by 21.26% on its monthly time frame.
SOL’s market cap of $9,055,738,315 ranked the altcoin as the seventh largest token in terms of market capitalization. This placed it behind USDC in the sixth position and, most notably, in front of ADA with its own market cap of $8,680,457,855.
From a techni…
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Solana (SOL) Price Prediction for May 8: Rebound Faces Resistance at $149
Solana Flips ADA and Captures Spot on CoinMarketCap Trending List
- SOL was able to flip ADA in terms of market cap, earning it a spot on CoinMarketCap’s trending list.
- Both SOL and ADA saw their price decline over the past 24 hours of trading.
- SOL’s price was attempting a retest of the $20.70 support level at press time.
Solana (SOL) hit CoinMarketCap’s trending list after it was able to flip Cardano (ADA) in the market cap race. After surpassing ADA in market cap, SOL was trading hands at $21.77 at press time, after its price slipped by 2% in the past 24 hours of trading.
Along with its latest price decline, SOL’s 24 hour trading volume dropped by 7.30%, which left it standing at $252,474,294. Additionally, SOL suffered losses of more than 6% in the past seven days as well. However, the Ethereum-killer’s price was still up by 21.26% on its monthly time frame.
SOL’s market cap of $9,055,738,315 ranked the altcoin as the seventh largest token in terms of market capitalization. This placed it behind USDC in the sixth position and, most notably, in front of ADA with its own market cap of $8,680,457,855.
From a techni…
The post Solana Flips ADA and Captures Spot on CoinMarketCap Trending List appeared first on Coin Edition.
Read More