At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s fate.
Ergo, the question is whether SOL will be able to reflect those on its chart. At press time, SOL was trading 0.24% lower than yesterday’s close with a market capitalization of over $12 billion.
Solana recently outperformed several cryptos with higher market caps as it nabbed the second position in the list of blockchains by total staked value. In doing so, it fell just behind the king of altcoins – Ethereum. Interestingly, ADA, BNB, and AVAX also made it onto the list.
<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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