Solana Soars 15%, Re-enters Top 10 Crypto Assets

• Solana’s native token has surged 15% and is back in the top 10 largest digital assets.
• Bitcoin tried to overcome $31,000 yesterday but failed and has remained just below that level since then.
• Altcoins are calmer today, with BCH and AAVE popping out as the few notable gainers, while LTC and AVAX are slightly in the red.

Solana Re-Enters Top 10 Cryptocurrencies

Solana’s native token SOL has seen an impressive surge of 15% over the past week, allowing it to re-enter the top 10 largest digital assets by market cap. This marks a significant milestone for SOL, which had been steadily declining throughout 2021 prior to this recent surge.

Bitcoin Attempts To Reach New ATH

Bitcoin attempted to break its all-time high on Tuesday when it spiked towards $31,000 on Bitstamp. However, the asset was met with rejection and dropped back down to $29,700 shortly after reaching its peak. Bitcoin managed to recover some ground over the weekend and stood above $30,000 for most of Saturday and Sunday before dropping again on Tuesday morning.

Altcoins Experience Mixed Performance

The altcoin market is relatively calm compared to Bitcoin’s volatile performance this week. While some coins such as BCH and AAVE have seen significant gains over the past seven days, others like LTC and AVAX have experienced slight losses instead.

Market Watch: Current Outlook

At press time BTC sits just below $31K while SOL holds steady in tenth place among other major cryptocurrencies by market cap. The current outlook for crypto markets appears largely unchanged from yesterday’s levels with no major changes expected in terms of prices or rankings anytime soon.


Overall this week has been largely positive for cryptocurrency markets due to strong performances by both Bitcoin and Solana’s native token SOL which allowed it to re-enter the top 10 list of digital assets by market cap once more after a brief period of decline earlier this year.