[ad_1] <br><div> <p>Solana has continued its sturdy push right now as SOL has risen by one other 12%. Can the coin stick with it and flip Dogecoin (DOGE) in market cap?</p> <h2>Solana Has Proven A Speedy Rise Throughout The Final Day</h2> <p>After slowing down earlier within the month, SOL has picked again up its rally prior to now week and has confirmed some sturdy momentum. At this time has been no completely different, because the coin has continued to carry out properly.</p> <p>On the time of writing, Solana is buying and selling round $26.3, up 12% within the final 24 hours. The beneath chart reveals the pattern within the value of the cryptocurrency throughout the previous week.</p> <p><amp-img class="alignnone wp-image-218289 size-full aligncenter amp-wp-enforced-sizes i-amphtml-layout-intrinsic i-amphtml-layout-size-defined" src="https://bitcoinist.com/wp-content/uploads/2023/02/chart-31.png" alt="Solana Price Chart" width="895" height="366" srcset="https://bitcoinist.com/wp-content/uploads/2023/02/chart-31.png 895w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-640x262.png 640w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-768x314.png 768w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-750x307.png 750w" sizes="(max-width: 895px) 100vw, 895px" layout="intrinsic" disable-inline-width="" i-amphtml-layout="intrinsic"><i-amphtml-sizer slot="i-amphtml-svc" class="i-amphtml-sizer"><img alt="" aria-hidden="true" class="i-amphtml-intrinsic-sizer" role="presentation" src="data:image/svg+xml;base64,PHN2ZyBoZWlnaHQ9IjM2NiIgd2lkdGg9Ijg5NSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIiB2ZXJzaW9uPSIxLjEiLz4="/></i-amphtml-sizer><noscript><img decoding="async" loading="lazy" src="https://bitcoinist.com/wp-content/uploads/2023/02/chart-31.png" alt="Solana Price Chart" width="895" height="366" srcset="https://bitcoinist.com/wp-content/uploads/2023/02/chart-31.png 895w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-640x262.png 640w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-768x314.png 768w, https://bitcoinist.com/wp-content/uploads/2023/02/chart-31-750x307.png 750w" sizes="(max-width: 895px) 100vw, 895px"/></noscript></amp-img></p> <pre data-amp-original-style="text-align: center;" class="amp-wp-cdd8ca0">Appears just like the asset's worth has loved a pointy rise in latest days | Supply: <a target="_blank" href="https://www.tradingview.com/symbols/SOLUSD/" rel="noopener nofollow">SOLUSD on TradingView</a></pre> <p>As you may see within the above graph, Solana has seen a speedy enhance over the past seven days, accumulating virtually 30% income within the interval. By way of month-to-month returns, nevertheless, SOL is barely 3% up because the coin had spent plenty of the previous month consolidating or declining.</p>
<p>Nonetheless, the previous week ought to nonetheless be an ideal signal for the traders because it reveals the coin could lastly be returning to the shape that it kicked off the 12 months 2023 in.</p> <h2>SOL Is Presently Simply Behind Dogecoin In Market Cap Record</h2> <p>Solana’s nice latest efficiency has meant that its standing within the wider cryptocurrency market has been enhancing and the coin is edging nearer in the direction of breaking into the highest ten cryptocurrencies primarily based on the <a target="_blank" href="https://bitcoinist.com/dogecoin-market-cap-surpasses-polygon/" rel="noopener">market cap</a>.</p> <p>The following in line that SOL must flip, nevertheless, is the favored meme coin <a target="_blank" href="https://bitcoinist.com/why-dogecoin-price-could-see-bull-rally/" rel="noopener">Dogecoin</a>. Here's a desk that shows the place these cash match into the larger image proper now:</p> <p><amp-img class="alignnone wp-image-218296 size-full aligncenter amp-wp-enforced-sizes i-amphtml-layout-intrinsic i-amphtml-layout-size-defined" src="https://bitcoinist.com/wp-content/uploads/2023/02/table.png" alt="Solana Vs Dogecoin Market Cap" width="897" height="367" srcset="https://bitcoinist.com/wp-content/uploads/2023/02/table.png 897w, https://bitcoinist.com/wp-content/uploads/2023/02/table-640x262.png 640w, https://bitcoinist.com/wp-content/uploads/2023/02/table-768x314.png 768w, https://bitcoinist.com/wp-content/uploads/2023/02/table-750x307.png 750w" sizes="(max-width: 897px) 100vw, 897px" layout="intrinsic" disable-inline-width="" i-amphtml-layout="intrinsic"><i-amphtml-sizer slot="i-amphtml-svc" class="i-amphtml-sizer"><img alt="" aria-hidden="true" class="i-amphtml-intrinsic-sizer" role="presentation" src="data:image/svg+xml;base64,PHN2ZyBoZWlnaHQ9IjM2NyIgd2lkdGg9Ijg5NyIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIiB2ZXJzaW9uPSIxLjEiLz4="/></i-amphtml-sizer><noscript><img decoding="async" loading="lazy" src="https://bitcoinist.com/wp-content/uploads/2023/02/table.png" alt="Solana Vs Dogecoin Market Cap" width="897" height="367" srcset="https://bitcoinist.com/wp-content/uploads/2023/02/table.png 897w, https://bitcoinist.com/wp-content/uploads/2023/02/table-640x262.png 640w, https://bitcoinist.com/wp-content/uploads/2023/02/table-768x314.png 768w, https://bitcoinist.com/wp-content/uploads/2023/02/table-750x307.png 750w" sizes="(max-width: 897px) 100vw, 897px"/></noscript></amp-img></p> <pre data-amp-original-style="text-align: center;" class="amp-wp-cdd8ca0">SOL appears to have a market cap of just about $10 billion in the mean time | Supply: <a target="_blank" href="https://coinmarketcap.com/" rel="noopener nofollow">CoinMarketCap</a></pre> <p>It wasn’t truly that way back that DOGE was sitting on the ninth spot on this record. Nonetheless, Polygon’s (MATIC) very sturdy energy relative to Dogecoin meant that it efficiently overtook and sped away from the meme coin.</p> <p>Whereas Dogecoin hasn’t carried out badly this previous week, because it has nonetheless managed income of just about 10% within the interval, its features nonetheless haven’t been almost nearly as good as Polygon’s or Solana’s.</p>
<p>Up to now day alone, SOL has managed to shut in a good quantity of the hole between it and DOGE, because the meme coin has solely moved sideways right now, whereas SOL has exploded.</p> <p>Nonetheless, a distinction of round $1.7 billion stays out there caps of the 2 cryptocurrencies, that means that it’s not going to be straightforward for Solana to dethrone Dogecoin from the tenth place.</p> <p>One factor that may additionally play in DOGE’s favor is that Binance Sensible Chain (BSC) <a target="_blank" href="https://bitcoinist.com/shiba-inu-sheds-4-but-ethereum-whales-buy-the-dip/" rel="noopener">whales</a> confirmed indicators of accumulation simply a few days again, as per whale tracker service WhaleStatsBSC.</p> <amp-twitter width="auto" height="197" layout="fixed-height" data-tweetid="1626967389354053634" class="twitter-tweet i-amphtml-layout-fixed-height i-amphtml-layout-size-defined" data-width="500" data-dnt="true" style="height:197px" i-amphtml-layout="fixed-height"><button overflow="" type="button">See extra</button><blockquote class="twitter-tweet" data-width="500" data-dnt="true" placeholder=""> <p lang="en" dir="ltr">JUST IN: <a target="_blank" href="https://twitter.com/search?q=%24DOGE&src=ctag&ref_src=twsrc%5Etfw" rel="nofollow noopener">$DOGE</a> <a target="_blank" href="https://twitter.com/dogecoin?ref_src=twsrc%5Etfw" rel="nofollow noopener">@dogecoin</a> is again on high 10 bought tokens amongst 500 greatest <a target="_blank" href="https://twitter.com/hashtag/BSC?src=hash&ref_src=twsrc%5Etfw" rel="nofollow noopener">#BSC</a> whales within the final 24hrs 🐳</p> <p>Peep the highest 100 whales right here: <a target="_blank" href="https://t.co/f4ZJg8SIWe" rel="nofollow noopener">https://t.co/f4ZJg8SIWe</a></p> <p>(and hodl <a target="_blank" href="https://twitter.com/search?q=%24BBW&src=ctag&ref_src=twsrc%5Etfw" rel="nofollow noopener">$BBW</a> to see information for the highest 500!)<a target="_blank" href="https://twitter.com/hashtag/DOGE?src=hash&ref_src=twsrc%5Etfw" rel="nofollow noopener">#DOGE</a> <a target="_blank" href="https://twitter.com/hashtag/whalestats?src=hash&ref_src=twsrc%5Etfw" rel="nofollow noopener">#whalestats</a> <a target="_blank" href="https://twitter.com/hashtag/babywhale?src=hash&ref_src=twsrc%5Etfw" rel="nofollow noopener">#babywhale</a> <a target="_blank" href="https://twitter.com/hashtag/BBW?src=hash&ref_src=twsrc%5Etfw" rel="nofollow noopener">#BBW</a> <a target="_blank" href="https://t.co/j5vcTjBq7A" rel="nofollow noopener">pic.twitter.com/j5vcTjBq7A</a></p> <p>— WhaleStats – the highest 1000 BSC richlist (@WhaleStatsBSC) <a target="_blank" href="https://twitter.com/WhaleStatsBSC/status/1626967389354053634?ref_src=twsrc%5Etfw" rel="nofollow noopener">February 18, 2023</a></p></blockquote></amp-twitter>
<p>Nonetheless, if Solana can sustain its latest momentum and Dogecoin doesn’t instantly catch a pointy uptrend, then SOL ought to finally flip the meme coin.</p> <p>Featured picture from GuerrillaBuzz Blockchain PR Company on Unsplash.com, chart from TradingView.com</p> </div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://bitcoinist.com/solana-rises-another-12-flip-dogecoin-market-cap/amp/">Source link </a>