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    Home»Altcoins»Solana's value might flip Tether's USDT market cap at $270
    Solana's value might flip Tether's USDT market cap at 0
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    Solana's value might flip Tether's USDT market cap at $270

    By Crypto EditorNovember 18, 2024No Comments2 Mins Read
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    Solana is exhibiting sturdy momentum, which, if its present value surge continues, might place it to overhaul Tether’s USDT stablecoin market cap.

    Information from CryptoSlate exhibits that Solana’s value has climbed by 12% over the previous week, reaching a three-year peak of over $245. This surge boosted its market capitalization to $116.7 billion and additional solidified its place forward of Binance-backed BNB, which it overtook earlier this month. BNB at the moment holds a market cap of $87.8 billion.

    Solana's value might flip Tether's USDT market cap at 0
    Solana Value Efficiency (Supply: Tradingview)

    Ought to Solana maintain this upward momentum, it might quickly obtain a brand new all-time excessive. A repeat of its current weekly development might drive its value to round $270, which might outpace its present all-time excessive of $259.

    This potential improve would drive Solana’s market cap past Tether’s $127 billion, positioning it because the third-largest crypto by market worth.

    Such a shift would symbolize a big milestone achievement for Solana, reflecting its aggressive edge within the dynamic crypto panorama

    Disclaimer: Our writers’ opinions are solely their very own and don’t replicate the opinion of CryptoSlate. Not one of the info you learn on CryptoSlate must be taken as funding recommendation, nor does CryptoSlate endorse any venture which may be talked about or linked to on this article. Shopping for and buying and selling cryptocurrencies must be thought-about a high-risk exercise. Please do your personal due diligence earlier than taking any motion associated to content material inside this text. Lastly, CryptoSlate takes no duty must you lose cash buying and selling cryptocurrencies.



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