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Solana (SOL) Poised to Dethrone XRP in Market Cap Rankings, Becoming the Fifth-largest Cryptocurrency

Solana (SOL) Poised to Dethrone XRP in Market Cap Rankings, Becoming the Fifth-largest Cryptocurrency

Solana Showing Significant Growth Over XRP

Solana (SOL) is making notable strides and serious competition to XRP in terms of market capitalization. The SOL price has surged by 8.70%, reaching $78.74, with a market cap of $32.5 billion, closely trailing XRP at $34.20 billion.

Solana Mobile’s Saga Phones Announcement

The recent Surge in Solana price is attributed to Solana Mobile’s announcement that the company has sold out of its Saga phones in the United States.

BONK’s Remarkable Flip Overtaking EOS

The meme coin BONK, on the Solana blockchain, has achieved a milestone by flipping EOS in market capitalization. This success is drawing considerable attention and capturing the interest of the crypto community.

XRP Demonstrating Resilience Amid Rising Competition

XRP surpassing Binance Coin (BNB) in market capitalization reaching approximately $36.09 billion, briefly claiming the spotlight. This achievement underscores XRP’s enduring presence, often overshadowed by larger players like Bitcoin and Ethereum.

SOL’s Unstoppable Rally

Solana continues its mega rally, boasting nearly a 300% gain in the past two months. SOL aims higher, with $78.75 as the next hurdle.

Hot Take: Solana Takes on XRP in Market Race

Solana has shown impressive growth, and with its recent achievements, it is set to challenge XRP for a higher place in the market. The competition between these cryptocurrencies is heating up, and Solana’s ongoing rally underscores its potential to make significant gains in the market. As both XRP and Solana continue to make strides, the battle for market dominance is intensifying. This makes for an intriguing situation as both platforms strive for prominence in the crypto world.

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Solana (SOL) Poised to Dethrone XRP in Market Cap Rankings, Becoming the Fifth-largest Cryptocurrency