SOL Drops in Ranking on Coinmarketcap as AVAX and LEO Surge Ahead
- Shams ul Zoha
- December 30, 2022
- 2:34 pm
WHAT YOU SHOULD KNOW
- Solana (SOL) is an altcoin that has seen a 5.01% decrease in price over the past 24 hours, according to CoinMarketCap.
- At the time of writing, SOL is trading at $9.12 and has dropped 23.20% within the last 7 days.
The crypto asset Solana (SOL) has seen a 5.01% decrease in price over the past 24 hours, according to CoinMarketCap. At the time of writing, the altcoin is trading at $9.12 and has dropped 23.20% within the last 7 days. This marks a difficult period for the Ethereum-rivaling cryptocurrency.
The ongoing drama surrounding Solana (SOL) has caused it to lose its place as one of the top-ranked altcoins, with Avalanche (AVAX) and UNUS SED LEO (LEO) now taking its place in terms of market cap. SOL has now dropped to 19th place on the list, with its market cap falling to $3,348,558,045.
At press time, the market capitalization of LEO is estimated to be $3,348,672,569, which could potentially allow it to reclaim position 18 if its price recovers. SOL, however, has been overtaken by AVAX and LEO on Coinmarketcap’s list.
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