Solana’s native token SOL registered a promising uptrend lately as its price grew over 10% in the last seven days. The price surge gave hope to investors for brighter days ahead.
Though there have been several positive developments in the community in the past few days, the stability of this hike is still questionable.
Several metrics suggest that the spike was a result of nothing more than a reaction to the current bullish market. Let’s take a look into what is actually going on in the ecosystem.
Recently, SOL outperformed several cryptos with higher market capitalization by making it to the list of the top cryptos by total stacked value.
<p lang=«en» dir=«ltr» xml:lang=«en»>#Solana is asserting its position firmly day by day ⚡️Thanks to data from @StakingRewards, we found that @solana is one of the leading blockchains by Total Staked Value
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