Solana Flips Fellow Ethereum Rival Cardano as SOL Nears All-Time High

[Tamsialu$$]

SOL is now the fifth-largest crypto asset by market cap. SOL, the native coin of the smart contract-enabled blockchain Solana, has risen in price by 7% over the last 24 hours to become the fifth-largest cryptocurrency by market capitalization, according to CoinGecko.
In doing so, it has flipped Cardano's ADA, which has been unable to keep pace with its fellow "Ethereum killer." ADA's price is up 2% on the day, but it has shed 8% of its value over the last week. Solana's market cap now stands at above $64 billion, compared to $63.5 billion for Cardano. Solana has been faster out of the gate than Cardano, moving quickly to bring the principle aspects of Ethereum—smart contracts, decentralized finance (DeFi) applications, NFTs, and the like—to a speedier and less-congested network.more