#SolanaSurge #Binance #Square
Bitcoin is stable and Solana is leading the pack, 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, big moves are being prepared. Today, the market took a light break, but some cryptocurrencies have started to play, with Solana at the forefront, which is no longer just an alternative to Ethereum; it is actually competing for the top spot in the market.
Let's dive into the details of the market together, and without exaggeration, let’s read the picture as it is.
How is the market doing?
The total market capitalization is $2.76 trillion (down 0.93% from yesterday).
The daily trading volume is about $69.7 billion, which gives us an indication that liquidity is still moving. Bitcoin's dominance is 61.02%, which means people are returning to seek relative safety. Ethereum's share is 6.93%. In the calm of stablecoins, the currencies tied to the dollar represent about 8.5% of the market (this means that many people are protecting themselves and waiting to enter opportunities).
What happened from yesterday to today?
Yesterday, the market was making slight gains; we saw Bitcoin approaching $85,000, and Ethereum trying to outperform, while Solana had an increase of over 4%. Today, there has been a slight slowdown so far, but what is noteworthy is that Solana continued its rise, and this is not a speculative move… there is institutional work behind it.