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Cryptocurrency News Articles

Solana Tokens Surge in Volume and Market Cap

Nov 18, 2024 at 11:50 pm

Solana-based tokens have recorded significant weekly trading volumes, highlighting their active market presence. Among them, $SOL stands out with an impressive $75.3 Billion trading volume, an increase of 15.7%, and a $112.3B market cap reaffirming its dominance within the ecosystem.

Solana Tokens Surge in Volume and Market Cap

Solana-based tokens experienced varying levels of trading activity during the past week. Here's a snapshot of the top tokens by trading volume:

1. $SOL led the pack with an impressive $75.3 Billion trading volume, up by 15.7%. Its market cap during this period stood at $112.3B.

2. Among the top Solana tokens, $WIF recorded a trading volume of $9.4 Billion, showing a 50 % increase.

3. Notably, $BONK recorded a significant trading volume of $7.4 Billion, up by 108.8%.

4. Other Solana tokens also showcased strong performances. $ACT had a trading volume of $6.4 Billion, while $MOODENG, $BOME, and $GOAT recorded volumes of $5.2 Billion, $3.6 Billion, and $3.5 Billion, respectively. These tokens' 7-day price changes varied, indicating a dynamic trading environment.

Solana continues to attract attention with its ecosystem-driven momentum, with these tokens reflecting the diverse range of projects and assets thriving on the network.

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