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Solana Surpasses XRP Amid Unstoppable Rally

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Wed, 8/09/2021 - 19:33
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.

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