Solana (SOL) has experienced a notable surge, reclaiming the $170 price level and achieving a 16% increase in value to reach a market capitalization of $87.9 billion. This rally has propelled Solana past Binance Coin (BNB), which now ranks fifth with a price of $638.09, making Solana the fourth largest cryptocurrency by market cap. The upward momentum is supported by rising trading volumes and speculation surrounding exchange-traded funds (ETFs), partially influenced by political developments linked to former President Donald Trump. Over the past 30 days, Solana has led the top 10 cryptocurrencies with a 46% return and has dominated on-chain volume for 69 consecutive days. The cryptocurrency community widely recognizes Solana's growing prominence and potential future impact in the market.
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