Solana surged past $100 on Saturday afternoon for the first time in 20 months, since April 2022, continuing an upswing that has catapulted SOL to a 770% gain over this time last year. The cryptocurrency flipped XRP on Wednesday to become the fifth-largest coin by market cap, and then flipped Binance Coin (BNB) late Thursday to land in the #4 slot. As of this writing, Solana has a $44 billion market cap. Solana is the biggest gainer over the past 24 hours in the top 10 cryptocurrencies by market cap, and its 37% rise over the past days makes it a standout within the top 100 as well. By comparison, the two largest cryptocurrencies by market cap—Bitcoin and Ethereum—have each posted a roughly 3% gain in the past seven days.

Source: The Nation December 23, 2023 22:31 UTC