At the same time, Bitcoin and Ethereum are marking time
A significant event took place in the world of cryptocurrencies: Solana (SOL) surpassed the $200 mark per coin and broke into the top 4 cryptocurrencies by market capitalization. This growth was the result of growing interest from investors and developers in this blockchain platform.
Solana attracts attention with its ability to process up to 65,000 transactions per second with minimal fees, making it one of the fastest and most scalable blockchain networks on the market. These characteristics open up great opportunities for the development of decentralized applications (dApps) and the implementation of innovative blockchain-based solutions.
Many analysts believe that Solana has every chance of becoming a serious competitor to Ethereum, which ranks second in capitalization after Bitcoin. Solana's success is attracting the attention of not only crypto enthusiasts, but also large investment funds and institutional investors. It is expected that the influx of capital into the Solana ecosystem will contribute to the further development of projects based on this blockchain platform and strengthen its position in the market.
The interesting thing is that Solana went against the market and has been growing in recent days amid a correction in Bitcoin and other cryptocurrencies.