Solana

Litecoin

2024

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Cap Finance

<p><a href="https://captainaltcoin.com/heres-why-solana-sol-has-continued-to-outperform-ethereum-and-many-other-cryptos/" rel="noopener noreferrer nofollow">Solana’s (SOL) price </a>has hit a new high surpassing the previous at $260, while closing the market cap gap with Tether (USDT). Recent data reveals substantial whale accumulation and a surge in trading volume.&nbsp;</p><p>Moreover, this price action comes as SOL edges closer to potentially claiming the third spot in crypto rankings.</p><h2 class="wp-block-heading" id="strong-solana-breaks-260-ath-amid-whale-accumulation-strong"><strong>Solana Breaks $260 ATH Amid Whale Accumulation</strong></h2><p>As per blockchain analytics platform, Lookonchain, Solana’s price rose to $260.28, narrowly exceeding its previous ATH of $260.06 from the last bull market.&nbsp;</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>The <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> price breaks through $260, setting a new <a href="https://twitter.com/hashtag/ATH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ATH</a>!<br><br>Whales continue to accumulate <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>!<br><br>A fresh wallet withdrew 42,443 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($11.14M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> in the past 2 days.<a href="https://t.co/NVEWdZJVnr" rel="noopener noreferrer nofollow">https://t.co/NVEWdZJVnr</a><a href="https://t.co/v2oOIG7igP" rel="noopener noreferrer nofollow">https://t.co/v2oOIG7igP</a><a href="https://t.co/wHjoAYneVu" rel="noopener noreferrer nofollow">pic.twitter.com/wHjoAYneVu</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1859815155930103995?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 22, 2024</a></blockquote></div></figure><p>Whale transactions have contributed substantially to this rise. A newly created wallet withdrew 42,443 SOL (valued at $11.14 million) from Binance in the past two days.&nbsp;</p><p>Moreover, another whale bought 100,000 SOL worth $23.86 million and staked it. This whale now holds 231,919 SOL, equivalent to $55.58 million.</p><p>Such high-value transactions highlight growing confidence in Solana’s long-term prospects, with major investors accumulating the asset amidst its price rally.</p><h2 class="wp-block-heading" id="strong-solana-s-remarkable-growth-over-four-years-strong"><strong>Solana’s Remarkable Growth Over Four Years</strong></h2><p>Analyst Crypto Patel noted that Solana has delivered exceptional returns since its inception. Over the past 1,480 days, SOL has grown by 24,220%, or 242x, meaning a $1,000 investment during its early days would now be worth $242,200.&nbsp;</p><figure class="wp-block-image size-large"><img width="1024" height="518" src="https://captainaltcoin.com/wp-content/uploads/2024/11/Gc9RiJCaAAE1L44-1024x518.jpeg" alt="" class="wp-image-586133"><figcaption class="wp-element-caption"><strong><em>Source: </em></strong><a href="https://x.com/CryptoPatel/status/1859794835898761310" rel="noopener noreferrer nofollow"><strong><em>Crypto Patel</em></strong></a></figcaption></figure><p>Patel also shared predictions suggesting that Solana could reach $450 in this bull run, underscoring its potential as a strong investment option.</p><p>These statistics highlight the project’s sustained performance, positioning it as a leading contender in the <a href="https://alexablockchain.com/bitcoin-nears-100000/" rel="noopener noreferrer nofollow">cryptocurrency market</a>.</p><p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/litecoin-ltc-price-edges-out-of-multi-year-triangle-what-could-be-next/" rel="noopener noreferrer nofollow"><strong><em>Litecoin (LTC) Price Edges Out of Multi-Year Triangle—What Could Be Next?</em></strong></a></p><h2 class="wp-block-heading" id="strong-solana-eyes-tether-s-market-cap-position-strong"><strong>Solana Eyes Tether’s Market Cap Position</strong></h2><p>Solana’s rapid ascent is narrowing the gap with Tether. SOL’s current market capitalization of $124.7 billion is only $5 billion below USDT’s $130.7 billion, according to Crypto Patel.&nbsp;</p><p>By reaching $276, SOL will overtake Tether as the third-largest crypto by market cap. Solana’s potential to compete with other top assets is demonstrated by this development.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p><a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> Close to Overtaking <a href="https://twitter.com/hashtag/Tether?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tether</a><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley"><br><br>If <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> reaches&nbsp;$276, it will pass <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> to become the&nbsp;3rd largest cryptocurrency&nbsp;by market cap.<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley">&nbsp;Current Rankings:<br>#3 USDT:&nbsp;$130.7 Billion<br>#4 SOL:&nbsp;$124.7 Billion<br><br>Solana only needs&nbsp;$5 Billion&nbsp;more in market cap to take the 3rd spot.… <a href="https://t.co/xdVCaHNUnA" rel="noopener noreferrer nofollow">pic.twitter.com/xdVCaHNUnA</a></p>— Crypto Patel (@CryptoPatel) <a href="https://twitter.com/CryptoPatel/status/1859808967553319389?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 22, 2024</a></blockquote></div></figure><p>At publication, <a href="https://www.coingecko.com/en/coins/solana" rel="noopener noreferrer nofollow">Solana trades at $261.39</a>. Moreover, SOL has had a daily volume of $15.14 billion according to CoinGecko data. The value of the token has risen by 24.74% and 8.64% in the last week and day, respectively.&nbsp;</p><p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p><div class="bigofferblock margincenter mb30 pt20 pl20 pr20 "><div class="col_wrap_two mb0"><div class="offerbox_big_wrap flowhidden"><div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><img class="lazyload" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"></a></div><div class="product-summary col_item mobileblockdisplay"><h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><span>We recommend eToro</span></a></h3><div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. 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Solana Price Hits New ATH as Whales Accumulate: Can SOL Overtake Tether?

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