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SOL Is Overtaken by AVAX and LEO on Coinmarketcap’s List

Published 2022-12-30, 08:45 a/m
© Reuters. SOL Is Overtaken by AVAX and LEO on Coinmarketcap’s List

  • SOL’s price dropped another 5.01% over the last 24 hours.

  • The altcoin has been overtaken by LEO and AVAX in terms of market cap.

  • A large amount of sell volume has entered SOL’s charts today.

Woes for the suffering Ethereum-killer, Solana (SOL), continue as the altcoin’s price has dropped 5.01% over the last 24 hours, according to CoinMarketCap. At press time, SOL is trading at $9.12, and is currently down 23.20% over the last 7 days as well.

Solana’s continued drama has resulted in Avalanche (AVAX) and UNUS SED LEO (LEO) overtaking the altcoin in terms of market cap. SOL was ranked as the 17th biggest project in terms of market cap, but is now ranked at number 19 on the list. This comes after its market cap dropped to $3,348,558,045.

The altcoin can still reclaim position 18 if its price is able to recover a bit, given that the current market cap of LEO is estimated to be $3,348,672,569 at press time.

The post SOL Is Overtaken by AVAX and LEO on Coinmarketcap’s List appeared first on Coin Edition.

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