Solana (SOL), a cryptocurrency, has seen a significant surge, breaking into the top 5 by market cap and surpassing Ripple (XRP). The digital asset has experienced a notable rally, with its price extending gains beyond $80 and even reaching $100. Market sentiment indicates a bullish outlook, with predictions of SOL flipping Ethereum's market cap within the next few years. The rally has been accompanied by a rise in decentralized exchange (DEX) volume on Solana's network, with reports of December DEX volume breaking $15 billion, and Solana flipping Ethereum in seven-day DEX trading volume. This growth has led to SOL's spot trading volume overtaking Ethereum's, as investors and traders show increased interest in the asset. The momentum has been attributed to a combination of factors, including a bid for risk, lower transaction fees compared to Ethereum, and a recovery from the post-FTX collapse lows. As the market cap of SOL continues to climb, surpassing $40 billion, and its price ratio to Ethereum improving, SOL/ETH has hit the highest level since April 2022 and a new 2023 high. SOL has also flipped Binance Coin (BNB) in market cap, becoming the 2nd largest altcoin by market cap, and reclaimed fourth place on the market cap charts. Solana DEX volume is now on par with Ethereum plus all Layer 2s (L2s), signaling a strong competitive stance in the DeFi space.
SOL really did more dex volume than ETH & *all* L2s combined the past 24 hours that is fucking absurd
Solana’s Remarkable Journey from $8 to $100, Surpassing BNB with a Market Value of $41.9 Billion https://t.co/yzFsarlwLP
Sol just topped . Above 100$ impossible . https://t.co/KsCGgz9l5r
SOL could flip BNB today https://t.co/K1lWbP227i
fuck it, all in on $ETH
Solana (SOL) token has surpassed BNB from the Binance cryptocurrency exchange in terms of market capitalization https://t.co/QwmdcQpSco
$SOL just hit $100 Life is good Fuck it, doing it today Giving away one @solanamobile Just follow and like https://t.co/Lovvdi0AUn
Solana has finally reclaimed fourth place on the market cap charts after two years, — flipping BNB following an 18% daily gain. https://t.co/QNqslQA3hn
$SOL vs $ETH YTD google trends look like the 2024 election map lol https://t.co/DBSegVpWQp
“wyd when $SOL breaks $100???” dumping 💯💯💯
NEWS: $SOL reaches $99 and flips $BNB in market cap size. https://t.co/zMYafWzJ8P
Solana DEX volume now on par with Ethereum + all L2s (even if including charitable definition) https://t.co/YUbutE1KgD
Solana's $SOL led crypto price gains in 2023 with other altcoins $AVAX, $STX and Helium’s $HNT following closely behind. Market analysts look to what they think is going to surge in 2024. https://t.co/7hutxTiUCM
In the past 24 hours, SOL has risen by more than 16% to a market value of US$41.8 billion, surpassing BNB (US$41.1 billion) and becoming the fourth largest cryptocurrency by market value. In the past 24 hours, the SOL contract trading volume across the network increased by 32% to…
Solana DEXs to all the memecoin traders https://t.co/xel1onmFlw
Me to all the @Solana memecoin traders https://t.co/cnwcUlWI3C
Solana passes BNB in market cap. Now officially #4. Will they come for the #3 spot and take out Tether next? Let's find out. https://t.co/OCqj1ctgPI
SOL flips BNB Wow https://t.co/gthJwBh7BR
Wake up, $Sol up 20% in 1 day, thats wild! When do we think we break the previous Ath?
SOL has now passed BNB and is now the 4th largest crypto after BTC, ETH, and USDT 🤯 The info asymmetry is finally closing (don't let this distract you from the fact that SOL jumped two spots in this list after I left 2 community notes on Liza Warren and Gensler — coincidence?) https://t.co/4kmnWmPneU
For the first time since 2021, the $SOL to $ETH price ratio saw a major turnaround, @kaikodata shows. It comes as the Solana network recovers after FTX's implosion. Watch Chart of the Day, presented by @cryptocom: https://t.co/nYS5JdyDLx https://t.co/hVz3LzcqMz
BREAKING: $SOL BECOMES THE 2ND LARGEST ALTCOIN BY MARKET CAP https://t.co/UlSQrVgf0k
Soon $SOL will be at $100 and will become the #4 biggest crypto in the world. Fun is coming soon 👀 https://t.co/b5mETnMqki
BREAKING: $SOL FLIPS $BNB IN MARKET CAP https://t.co/veALk8mT8J
BREAKING: @solana DECEMBER DEX VOLUME BREAKS $15 BILLION https://t.co/cL1gKSAXbH
Sol will flip bnb at $97
Can we bust through fam? $SOL > $100??? https://t.co/FwilKdkAL3
🚨 BREAKING: $SOL just flipped $ETH in the Spot Trading Volume. https://t.co/b9myMK6LoT
If you bought SOL when it was at $89 2 hours ago, you have still outperformed ETH on the entire year That is insane 🤯
Solana meme coin investors preparing to turn $7 into $100k https://t.co/u5VQPHgMlx
will solana hit $100 this week?????
$SOL ripping again. Little over 10% gains over the last 24hrs. 24hr volume up 38%. https://t.co/HR9F5x65N6
Solana is still surging on Thursday, hitting another 2023 peak price while meme coins on the network spike. Click below to read: https://t.co/m5vzoqs4si
$SOL is going unstoppable!🚀 Do you think #Solana will hit its All time high $260 this time? https://t.co/voexKxXpg1
Solana is no longer contrarian This is how it flips ETH, and then BTC
Starting to think I should have moved more of my staked ETH to SOL
Oh my god $SOL please don’t stop
BREAKING: $SOL BREAKS $40 BILLION MARKET CAP https://t.co/Vd1LwdpOBl
Solana about to teleport to $105
$95 $SOL? Wake me up when it’s $100 https://t.co/6TSP3V78pA
BREAKING: $SOL/ $ETH HITS HIGHEST LEVEL SINCE JANUARY 2022 https://t.co/eQiR1EcKo8
$SOL won’t stop anymore https://t.co/04dmqJoit7
$SOL flipped $ETH as the largest holding in my portfolio. Didn't except this at the start of the year.
Meme Coin Mania Helps Push Solana DeFi Volume Over Ethereum for First Time ► https://t.co/HA2j2j7Fqx https://t.co/HA2j2j7Fqx
BREAKING: $SOL/ $ETH HITS NEW 2023 HIGH https://t.co/4dOeBLWkb8
Ethereum has 7x the market cap of Solana Discuss https://t.co/2M7bbl5S1x
Solana up 10x since this tweet due to ethereum alignment ™️ https://t.co/BKmrykCjdH
The real reason to buy SOL is to stack ETH
🟥 Things I’m looking at today 🟥 SOL momentum builds, ETF approval may be imminent, Bloomberg article on WIF Crypto * BTC: 44k (+2%), ETH: 2250 (0%), SOL: 87 (+16%) * Crypto rally outperforms large drop in stocks * Early ETF approval rumours continue * SOL rally dominates… https://t.co/HQXIGP5vny
Massive spot buying of SOL. Insane. https://t.co/HdN262r461
Solana's $SOL led crypto price gains in 2023 with other altcoins $AVAX, $STX and Helium’s $HNT following closely behind. Market analysts look to what they think is going to surge in 2024. @LedesmaLyllah writes. https://t.co/nFCdIklWzg
$SOL This is such an insane trend. Remarkable strength https://t.co/ilENXL6oOy
$SOL vs. $ETH in the last 3 months. 390% vs. 39%. Almost poetic. https://t.co/Y83YCPBOUw
My SOL holdings just flipped my ETH fyi, I literally bought sol at like $60 and put less money than I put in eth What a mess of a coin ETH is https://t.co/kK64IqigWN
Solana has emerged as a top gainer among the leading 100 cryptocurrencies, surging to a 600% annual rally https://t.co/l0RblD6UOJ
This is huge. Solana has flipped Ethereum with minimal new retail entrants in the market. This is mostly old boys, choosing to move over. Can you imagine the daily multiples of Ethereum volume Solana will be doing by mid 2024? $SOL goes much, much higher https://t.co/lxUXRAFcOc
$sol volume > $eth volume The flippening started
Solana’s native token rallied 13% over the last 24 hours, while the blockchain overtook Ethereum in seven-day DEX trading volume. https://t.co/Owf4UE89kq
The gang bridges every eth memecoin to solana https://t.co/2nIDRyLxm4
Sold all my Solana and bought Eth
BREAKING: @solana DECEMBER DEX VOLUME BREAKS $14 BILLION https://t.co/vBTztiy7GR
BREAKING: @solana DECEMBER DEX VOLUME BREAKS $13 BILLION https://t.co/rUUDgQ7fJd
sol closed over $80, time to fly
it's official Solana is now in the Top 5 and has finally flipped XRP — nature is healing https://t.co/sLdffy6SRU
🚨 SOL has FLIPPED XRP by market cap 🚨 We’re so back. https://t.co/VKxk3rGCfK
$SOL/$ETH still down 35% from ATH. It can get worse!
$SOL vs $ETH #Solana is having a whirlwind of a year, and is building a credible case as an #L1. Can it topple the king? Or can #Ethereum sleep easy? It's probably a "both can co-exist and do great things" world - let's find out: https://t.co/OesmA2T8CO
Just sold all my ETH and BTC for SOL.
Happy for my SOL frens However, ETH is going to melt faces & it'll seem obvious in hindsight. This ain't cope, it's fundamentals. Solana will take share, the UX is gud, but the folks thinking ETH is ded are the same that said BTC was just an old ded meme coin.
Safe to say Solana flipping Ethereum is now a higher probability than Ethereum flipping Bitcoin? :) https://t.co/SyePW5Sh6m
$sol gonna pass $eth in volume on binance today at this rythm F
This Solana and eth battle is hilarious because Everyone whose newer to crypto (last few years) def enjoys the idea of paying lower gas fees per transaction ETH will always be solid but Solana resurgence is deeper than just a singular rally Start taking sol seriously
Swapped majority of my ETH stack for SOL last night. Comfy
$SOL sucking liquidity up in 3...2...
1 SOL = $80 USD
Solana breaks above $80 for the first time this cycle. https://t.co/55DYb9IjF0
🔥 @Solana just flipped @Ripple and is now the top 5 crypto by market cap on @coingecko $SOL $XRP This comeback story just keep getting better. https://t.co/RlE1zJkXKo
BREAKING: $SOL/ $ETH HITS HIGHEST LEVEL SINCE APRIL 2022 https://t.co/JeTTqSgXJ0
$FTX $SOL let’s go! https://t.co/UiK14DFV1m
NEWS: Solana flips XRP once more, closes in on Ethereum https://t.co/J8XKz7Aqyy
BREAKING: $SOL HAS NOW 10X'D FROM ITS POST-@FTX_Official COLLAPSE LOW https://t.co/E9OTnRmFH1
SOLANA IS THE FUTURE OF CRYPTO!!!!!!!!!
$SOL #SOLANA EXTENDS GAINS TO BEYOND $80
It’s time for the $SOL train. $100 LFG🫡🫡🫡🫡 https://t.co/sT38pxotBp
Live view of $SOL and the $80 level https://t.co/bQQEVjXNO1
Solana will flip Ethereums market cap within 3 years No question about it
$100 SOL before end of year? It's been a wild ride up.
Consensus seems to be SOL up ➡️ shitcoins up. That is my gut, NFTs have been rallying with both SOL and ETH. Feels like there is a bid for risk atm, people willing to move to higher beta to try outperform SOL and ETH. Let’s see what happens next few days. https://t.co/oeFFrfqyJl
Do thine eyes deceive me? Did $SOL just break into the top 5 on CMC?! https://t.co/LKHMlswR55
Solana flipped Ripple for the first time: https://t.co/Sux1VcxpoN https://t.co/ISXAa4EfRs
SOL just became a top 5 cryptocurrency by market cap. Wouldn't be surprised to see it reaching new ATHs in the bull run. https://t.co/tqNvClMg7G