Finally, the Solana blockchain network has reached a $100 billion market cap, marking a significant milestone and signaling the start of the first phase of the crypto bull run.
The current trading price of Solana ($SOL) is $210, a level that represents a 44% increase over the last 30 days. In the past 24 hours, the price of this cryptocurrency has surged by 4.5%.
The current trade price of #Solana ($Sol) coin is $210 pic.twitter.com/NiR5fibhbo
— Bitcoinik (@Bitcoinikdotcom) November 10, 2024
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Today, Solana’s market cap briefly surpassed $100 billion but has since settled to approximately $99.28 billion.
According to crypto analyst “Titan of Crypto,” the trading price of Solana may rise to $1,400 under the current market conditions.
Bitcoin Price Action
Today, Bitcoin reached a new all-time high. Just an hour before this article’s publication, Bitcoin was trading at $81,423. The current trading price of Bitcoin is $80,343, reflecting a 4.5% increase over the last 24 hours. Bitcoin enthusiasts noted that Bitcoin is very close to surpassing silver’s market cap.
Google Searches for Bitcoin Surge
Following Bitcoin’s rise to $80,000, Google search volumes for “Bitcoin” and “Buy Bitcoin” have surged significantly.
This trend in Bitcoin-related searches has been growing rapidly over the past few days. Notably, the top two countries with the highest search volume for “Buy Bitcoin” are Bitcoin-friendly El Salvador and Nigeria, where the crypto sector is developing under a gray regulatory zone.
Read also: MicroStrategy’s Bitcoin Profits Soar Past $10.19 Billion as Michael Saylor Eyes Even Greater Gains
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