Solana is exhibiting sturdy momentum, which, if its present value surge continues, might place it to overhaul Tether’s USDT stablecoin market cap.
Knowledge from CryptoSlate exhibits that Solana’s value has climbed by 12% over the previous week, reaching a three-year peak of over $245. This surge boosted its market capitalization to $116.7 billion and additional solidified its place forward of Binance-backed BNB, which it overtook earlier this month. BNB presently holds a market cap of $87.8 billion.
Ought to Solana maintain this upward momentum, it could quickly obtain a brand new all-time excessive. A repeat of its current weekly progress might drive its value to round $270, which might outpace its present all-time excessive of $259.
This potential enhance would drive Solana’s market cap past Tether’s $127 billion, positioning it because the third-largest crypto by market worth.
Such a shift would characterize a big milestone achievement for Solana, reflecting its aggressive edge within the dynamic crypto panorama
