$SOL #solana

Solana (SOL), currently the sixth-largest crypto, has outperformed Bitcoin (BTC) and Ethereum (ETH) in several key metrics. According to Glassnode, Solana has seen more price and trading volume gains than Bitcoin and Ethereum.

Solana Leads Bitcoin and Ethereum in Daily Capital Inflows

Solana has made significant progress in 2024, with new all-time highs and increased activity on its blockchain. Solana’s journey to fame has not been without its challenges. The coin plunged to a low of $9 following the FTX crash in 2022.

However, Solana quickly recovered and rose more than 2,000%, outperforming both Bitcoin and Ethereum, according to a Glassnode report. Since the events of 2022, Solana has outperformed the two leading cryptocurrencies on 344 out of 727 trading days.