#SolanaSurge
Bitcoin is stable and Solana is leading the herd reading between the candles
The market is relatively calm... but let me tell you that this calmness is not indifference; it’s accumulation, and behind the scenes, there are major movements being prepared. Today, the market took a slight break, but there are currencies starting to play, with Solana at the forefront, which is no longer just an Ethereum alternative; it is actually competing for market leadership.
Let's dive into the market details together, and without exaggeration, let’s read the picture as it is.
How is the market doing?
Total market capitalization is $2.76 trillion (down 0.93% from yesterday).
Daily trading volume is around $69.7 billion, and this gives us an indication that liquidity is still moving. Bitcoin's dominance is 61.02%, which means people are returning to relative safety. Ethereum's share is 6.93%, and in the calm of Stablecoins, currencies tied to the dollar represent about 8.5% of the market (this means that many people are protecting themselves and waiting for opportunities to enter).
What happened from yesterday to today?
Yesterday, the market was making slight gains; we saw Bitcoin approaching $85,000, Ethereum trying to outperform, and Solana had an increase of over 4%. Today, there has been a slight slowdown so far, but what’s noticeable is that Solana continued its rise, and this is not speculative movement... there is institutional work and updates and trust being built behind it.
Analysis of the top five currencies
Bitcoin
Price: $84,857 Change: +0.9%
Bitcoin is stabilizing above $84,000 and playing in a narrow range, which indicates that accumulation is happening from certain parties.