Solana (SOL) Outshines Bitcoin (BTC) and Ethereum (ETH) with a 5% Price Surge

• The cryptocurrency market has been relatively quiet, with most major coins trading sideways or slightly down. However, Solana stands out with a nearly 5% rise over the past day.
• Solana is currently trading at $154, marking a weeklong gain of over 12%, outpacing the gains of Bitcoin and Ethereum.
• Notably, Solana’s network has seen a surge in new tokens deployed via its SPL standard, setting a new all-time record.

Amid a quiet cryptocurrency market, Solana emerges as a notable exception with a 5% rise, outpacing Bitcoin and Ethereum. The Solana network also experiences a surge in new token deployments, setting a new record.

Solana Outperforms Major Cryptocurrencies

Solana, currently trading at $154, has seen a weeklong gain of over 12% according to data from CoinGecko. This performance stands in contrast to the broader cryptocurrency market, which has been relatively quiet with most major coins trading either sideways or slightly down. Bitcoin, for instance, is down over 1% at a price of $63,650, while Ethereum is down over 2% to $3,092 at the time of writing.