Solana Re-Enters Top 10 Cryptos Following Impressive 135% Rally

Solana Re-Enters Top 10 Cryptos Following Impressive 135% Rally
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Changed polygons on January 15 to the 10th-largest crypto asset by market capitalization, after a seven-day rally that saw it increase by more than 70%, according to data on the capitalization of market coins.

Following the collapse of ftx in November, the performance of ground prices was negatively affected due to its relationship with sam bankman-fried. However, positive feelings seem to be back to the digital edge, as it has grown by around 135% since the beginning of this year, making it one of the most successful cryptocurrencies in 2023.

SOLRe-@CAP_FIRST$enter Top 10 Assets.

At the UFD summit, Solana traded for as little as $9, and two of her superior NFT projects abandoned her for other blockchain networks.

But its massive price performance over the past two weeks has more than doubled to $23.34 as of press release date. The impressive track record has also enabled us to reintegrate the top 10 digital assets per market capitalization.

Source: BeInCrypto

According to CoinMarketcap data, Solana’s market cap rose to over $9 billion in the last seven days from $5 billion.

Cofounder of a game project on solana, mamba, the faith of the faithful of the network had been reimbursed as earned 165% in 15 days. According to mamba, sbf departure was good for blockchain, and network technology is getting better.

Solana Active Wallets increases by 3 times.

Solana's activity has tripled since the collapse of the FTX in November, Messari said. Delphi Digital also shows that decentralized exchanges on Solana DEXs have seen an 83% increase in total active wallets since the beginning of 2023.

According to delphi digital, the total number of active solana portfolios has risen from nearly 45,000 a day to 83,000.

As BeinCrypto previously reported, Solana’s increased active wallet numbers coincided with the rise of a new memecoin, Bonk Inu, within its ecosystem. The souvenir voucher has recovered by more than 130%, which has revived the ecosystem's interest. However, it has since declined by more than 38 per cent over the past seven days.