Solana

United

Dogecoin

Avalanche

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<p dir="ltr">After its unstoppable growth milestones, Solana (SOL) is now threatening XRP in the&nbsp;<a href="https://coinmarketcap.com/currencies/solana/">ranking</a> among the most capitalized digital currencies.</p>
<h2 id="solana-sol-and-xrp-growth-comparison">Solana (SOL) and XRP growth comparison</h2>
<p dir="ltr">At the time of writing, Solana is changing hands for $71.09, up 3.56% in the past 24 hours, while XRP has slipped by 0.16% to $0.6231 within the same time frame. The growth of both assets when compared to the weekly and monthly spans shows that Solana is on a mission not just to dethrone XRP but to rise as high as it could go before the end of the year.</p>
<p dir="ltr">The twist in the outlook of both of the top cryptocurrencies has been shocking from the start of the year with&nbsp;<a href="https://u.today/xrp-solana-receive-39-million-inflows-on-upbeat-market-heres-price-reaction">their similarities</a>. While XRP battled its lawsuit for the first half of the year, Solana was also weighed down following the implosion of FTX Derivatives Exchange and the subsequent&nbsp;<a href="https://u.today/solana-sol-liquidation-on-kraken-by-ftx-looms-price-reacts">steady sell-offs</a> that accompanied the bankruptcy proceedings.</p>
<p dir="ltr">However, Solana promptly decoupled from the impacts of the FTX saga, and since the start of the year, it has jumped by 623%. XRP also got its much-deserved clarity, and despite being the only cryptocurrency known as a nonsecurity by law in the United States, investor optimism has only managed to get it up by 82.06% in the year-to-date period.</p>
<p dir="ltr">At the time of writing, Solana trails closely behind XRP as the sixth largest digital currency, with a market cap of $30,528,651,306 against XRP’s $30,528,651,306. While the difference runs in the billions, sustained Solana growth and a sliding XRP price may close the gap in the mid to long term, similar to what Avalanche (AVAX)&nbsp;<a href="https://u.today/avalanche-avax-kicks-dogecoin-doge-out-of-top-10">just did to Dogecoin</a> (DOGE).</p>
<h2 id="solana-capable-of-impossible">Solana capable of impossible</h2>
<p dir="ltr">Already, Solana is the altcoin in the top 20 with the largest growth rate in the year-to-date period. This was an unpredictable achievement considering that it traded as low as $8.14 when the year started.&nbsp;</p>
<p dir="ltr">Riding on this and predictions from market experts as to the coin’s future, only time will tell what further surprises Solana has in store.</p>

Solana (SOL) Shockingly Threatening XRP in Ranking

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