Solana's bullish trend no longer stops, with a rally that leads SOL to exceed 100 dollars and outperform Bitcoin and Ethereum

SOL never stops

After more than 20 months since the last time, SOL has returned to above 100 dollars, and the trend does not seem to want to stop in the slightest. On the contrary, since the beginning of the year Solana has recorded a +770%.

A 20% growth in the last few hours alone, after SOL floated for a few days before the $100 limit, has therefore led Solana to overtake Ripple (XRP) and Binance Coin (BNB) in the market capitalization ranking.

These latest results follow already important milestones, first and foremost the overtaking of Ethereum in the volume of weekly transactions, driven mainly by the activity derived from the trading of BONK (which, on the contrary, now seems to suffer from the side effects of FOMO). Dogwifhat (WIF) is also new in recent days and, with the Helium token (HNT), contributes largely to the dizzying growth of the ecosystem.

Furthermore, Solana's weekly performance makes SOL one of the best performing tokens among the top 100, surpassed only by coins such as Optimism (OP) and Near Protocol (NEAR), which record +49% and +47% respectively .

Solana: is it time for the “big three” in crypto?

Nothing comparable, if you will, with Bitcoin and Ethereum, which however have recorded decent growth in the last week.

And if the comparison with Bitcoin does not seem to explain much (due to the distance and scope of the two ecosystems in terms of market dominance), the one with Ethereum explains many more aspects of the behavior of investors, who are increasingly intrigued by testing an alternative to ETH to operate on the market.

Proof of this is probably provided by the data of Solana's NFT ecosystem, which recently surpassed the Ethereum world (which was unthinkable just a few months ago) in terms of sales volumes.

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