Solana Overtakes BNB to Become the Fourth Largest Top Crypto Globally
According to Coinmarketcap, Solana's market capitalization is currently recorded at USD 46.54 billion while BNB's capitalization is USD 41.3 billion. Solana (SOL) leads the charge in the top crypto ranks as of December 24, 2023 morning. In the last 24 hours, the price of Solana rose 14.19 percent to USD 108.88, or around IDR 1.68 million. In a week, the price of Solana rose 47.73 percent. Meanwhile, the price of BNB (BNB) rose 1.02 percent in the last 24 hours to a level of USD 272.26, equivalent to IDR 4.2 million. In a week, the price of BNB rose 11.53 percent. Meanwhile, Tether (USDT), which is in third place with a capitalization of USD 91.3 billion, fell 0.4 percent in the last 24 hours to the level of USD 1.00, equivalent to IDR 15,466.85. Meanwhile, in the week it rose slightly by 0.13 percent. Bitcoin (BTC) is still the dominant cryptocurrency with a capitalization of USD 858.56 billion, followed by Ethereum (ETH), which is valued at USD 274.90 billion. This ranking spike should not be taken lightly, as it is a direct consequence of the increased interest in the Solana ecosystem. "Basically, Solana's total value locked (TVL) has played an important role in the growth of DeFi in 2023. The decentralized financial ecosystem even surpassed the country's economy (GDP) with USD 52 billion worth of cryptocurrencies invested in this protocol," said the Founder and CEO Cyber Capital, Justin Bons.
