TL;DR
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SOL is the best performer amongst the top 10 cryptocurrencies by market cap.
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BTC has stabilized above the $61k level after adding 20% to its value this week.
SOL Hits $135 as the Broader Market Stalls
SOL, Solana’s native coin, is the best performer amongst the top 10 cryptocurrencies by market cap. The coin has added 10% to its value over the last 24 hours and is now trading at $135 per coin.
There is no catalyst behind SOL’s latest performance as the broader cryptocurrency market stalls following this week’s rally. Over the last seven days, SOL added 31% to its value, outperforming BTC and ETH in the process. Only Dogecoin outperformed SOL in the last seven days.
Bitcoin, the world’s leading cryptocurrency by market cap, has lost 1% of its value so far today. At press time, Bitcoin’s price stands at $61,365 per coin. The retracement comes after BTC surged by 20% earlier this week.
With the market currently in a consolidation mode, the total cryptocurrency market cap stands at $2.29 trillion, down by 1% today.