Solana

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<p>Solana (SOL) is on a bullish run today as it joins the altcoin resurgence on the market. At the time of writing, the <a href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">coin is up by 7.2%</a> over the past 24 hours to $24.79, and in the past week, the coin has printed a total growth of 16%.</p> 
<img alt="Solana Daily Chart" data-entity-type="file" data-entity-uuid="084f19d1-5231-4d34-b7f9-3eb68ab335b1" src="https://u.today/sites/default/files/inline-images/SOL_1D_graph_coinmarketcap%20%282%29.jpeg">Solana Price Chart. Source: <a href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
<p>While the growth of Solana is not unusual, the steady rise over the past week has showcased a propensity for a likely more targeted run across the board. From its trading volume, which is up by 58% at the time of writing, to its social sentiment, Solana appears primed for more ambitious growth, at least in the short term.</p> 
<h2 id="solana-xrp-comparison">Solana-XRP comparison</h2> 
<p>Solana's growth pattern appears similar to those of its peers, including XRP. With Solana up by 7% overnight, XRP has inked just 3.95% growth with a corresponding slump of 7.31% in the past week.</p> 
<p>Though the short-term growth outlook of Solana is more bullish than that of XRP, in the past month, XRP has set such a high bar that it makes it one of the most profitable altcoins around today.</p> 
<p>The positive <a href="https://u.today/xrp-shoots-up-7-as-latest-ruling-favored-ripple-over-sec-details" rel="noopener noreferrer nofollow">XRP ruling</a> helped push the price of the cryptocurrency to such a high pedestal that investors are still largely using it as a yardstick to stack up the coin. Over the past month, XRP has retained a growth pace of 37%, a figure that compares to the 15% Solana recorded within the same time span.</p> 
<p>Overall, XRP is outpacing Solana in terms of price growth, a sign that shows Solana has a <a href="https://u.today/can-solana-sol-become-best-performing-asset-this-year" rel="noopener noreferrer nofollow">steeper upside for growth</a>.</p> 
<h2 id="potential-solana-growth-trigger">Potential Solana growth trigger</h2> 
<p>When viewed alone, Solana is on track to retest its monthly high of $29, and the key triggers for this are its growing decentralized finance (DeFi) and non-fungible token (NFT) ecosystem, both of which are proof of <a href="https://u.today/solana-sol-launches-new-tool-for-developers-details" rel="noopener noreferrer nofollow">robust developer activity</a>.</p>

Solana (SOL) up 7%, Can SOL Beat XRP's Latest Run?

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