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Solana Surpasses XRP Amid Unstoppable Rally

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Wed, 8/09/2021 - 19:33
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Solana Surpasses XRP Amid Unstoppable Rally
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Solana (SOL), the native cryptocurrency of the Solana blockchain, has surpassed Ripple-affiliated XRP by market capitalization, according to data provided by coin ranking site CoinMarketCap.

The high-flying coin is currently valued at $53 billion after a stunning rally, climbing to sixth place.   

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Image by coinmarketcap.com

SOL is now up an astonishing 8,429% year-to-date. Despite the recent market sell-off, the cryptocurrency is up another 6% today.

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Image by tradingview.com

XRP, on the other hand, is one of the very few major cryptocurrencies that failed to log a new all-time high during this bull run.

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With a sword of Damocles hanging over it, XRP is still down 67% from its January peak of $3.40.

As reported by U.Today, XRP left CoinMarketCap's top five for the first time since 2014 this February.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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