Summary: According to the data from the Bitpush Terminal, the market value of Solana (SOL) is currently about $57.440 billion, surpassing XRP to become the sixth-largest cryptocurrency.  As of press time, the SOL token price was $196.15, a daily increase of 12.73%.  Prior to June, Solana Labs raised $314 million in a token sale led by ...

According to the data from the Bitpush Terminal, the market value of Solana (SOL) is currently about $57.440 billion, surpassing XRP to become the sixth-largest cryptocurrency. 

As of press time, the SOL token price was $196.15, a daily increase of 12.73%. 

Prior to June, Solana Labs raised $314 million in a token sale led by A16z and Polychain. Solana's native token, SOL, has been rising recently, replacing Dogecoin as the seventh-largest cryptocurrency last week, with a market value of $42 billion.

Solana is a network blockchain that provides fast, secure, scalable, and decentralized applications and markets. The system currently supports 50,000 TPS (transactions per second) and a block time of 400 milliseconds. 

By Mary Liu

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Link: SOL Surpasses XRP And Rises To Sixth Place In Market Cap Ranking   [Copy]