Solana's price gained nearly 26% in the past seven days, leaving behind top altcoins.
The Layer 1 chain recently hit a new TVL record, marking a 0.88% chain dominance. The inflow of capital into altcoins, including SOL, suggests increased institutional interest. Solana (SOL), the eighth-largest crypto by market capitalization, continues to outshine other altcoins due to Total Value Locked (TVL) growth and consistent inflows. The altcoin is trading at a price of $24.26 at press time. After gaining close to 26% in the past week, the rise in dollars locked on the blockchain is keeping the holders bullish.
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Solana's price gained nearly 26% in the past seven days, leaving behind top altcoins.
The Layer 1 chain recently hit a new TVL record, marking a 0.88% chain dominance.
The inflow of capital into altcoins, including SOL, suggests increased institutional interest.
Solana (SOL), the eighth-largest crypto by market capitalization, continues to outshine other altcoins due to Total Value Locked (TVL) growth and consistent inflows. The altcoin is trading at a price of $24.26 at press time. After gaining close to 26% in the past week, the rise in dollars locked on the blockchain is keeping the holders bullish.
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