According to CoinGecko data, Solana (SOL) has become the fifth largest cryptocurrency in terms of market value, surpassing XRP.
Solana, which has been at low levels for a while due to the sales pressure created by the bankrupt cryptocurrency exchange FTX, is concerned with the growth and development of the decentralized finance (DeFi) ecosystem. meme coin It started to rise as the wind blew again.
According to CoinGecko data, Solana, Again after April 2022 from 36 billion dollars It reached a higher market value, surpassing XRP, which has a market value of $ 33 billion.
Investors, Solana-based like BONK thanks to some meme coins hundreds of dollars investments hundreds of thousands of dollars managed to transform. Meanwhile, growth was recorded in the transaction volumes of decentralized exchanges in the Solana ecosystem.
According to Defi Llama data, Orca’s trading volume increased on December 15 for $746 million came out yesterday $468 million happened.
Solana itself gained more than 11 percent in value in the last 24 hours. It rose to $84.