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Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB

Published 2022-12-15, 07:48 a/m
© Reuters. Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB

  • Solana is now ranked 14 in terms of global market cap.

  • SOL dethrones TRON and SHIB and took over their place.

  • Solana’s market cap currently stands at $5.2 billion.

As per the latest data from CoinMarketCap, Solana (SOL) has now dethroned Tron (TRX) and Shiba Inu (SHIB) in terms of market capitalization. SOL, which was earlier in the sixteenth position in market cap, has taken two steps forward and is currently positioned in the fourteenth place.

Solana’s current market capitalization stands at $5,214,689,107, which is $100 million more than that of TRON and almost $310 million more than that of SHIB. SOL’s market cap has been up by 2.2% in the last 24 hours. TRON’s and SHIB’s market caps currently stand at $5,129,416,484 and $4,895,369,607, respectively.

Data from CoinMarketCap reveals that there has been a spike of 58% in 24-hour trading volume for Solana. It stood at $493,056,720 during press time. SOL is trading at $14.22, with a 2.26% spike in value over the last 24 hours. The coin is also up by 5.29% over the last seven days.

TRON is also displaying a 1.29% gain during the same time period; however, SHIB is down by 2.49%. TRON enjoyed a spike in the market cap by 1.27%, but SHIB’s ...

The post Solana Now Ranks 14 in Terms of Market Cap, Overtakes TRON and SHIB appeared first on Coin Edition.

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