US TRADERS FAVORING SOL OVER BITCOIN AND XRP
US TRADERS FAVORING SOL OVER BITCOIN AND XRP
Solana price is holding above $250 after a 10% drop from its all-time high of $275 in the past 24 hours.
Solana (SOL) is now the most popular Layer-1 crypto among US traders, overtaking XRP and Bitcoin.
In the last week, Solana saw a 48% price increase, while Bitcoin and XRP gained 34% and 18%, respectively.
Solana's trading volume has been rising, suggesting potential market volatility.
The price stabilized around $250, but uncertainty remains about whether it will rise above $300 or fall to $200.
On-chain data hints that speculation around altcoin ETFs and Trump’s memecoin launch has boosted SOL demand.
