Why Solana (SOLUSD) Could Possibly Eclipse Ethereum (ETHUSD) in Utility

What excites investors the most about Solana is the fact that it ranks 5th among all cryptocurrencies, by order of total market capitalisation.

  • Current market capitalisation of US $63.4 billion
  • Current price at US $207
  • All-time-high of US $258.93 on 6 November 2021

There’s simply no mistaking the allure the cryptocurrency market has generated this past year, especially with its astronomical market capitalisation growth, led primarily by Bitcoin (BTCUSD). With total market capitalisation reaching US $600 billion in June, retail and institutional interest in cryptocurrencies simply cannot be denied. However, plenty of investors remain cautious with their buy-ins, due to the idea they may be buying at the top...

 

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