- SOL and TON rose 2% and 4.5% in the past 24 hours, respectively.
- ETH was down 0.5%, trading at $2,736, up 66% since August 2023.
- SOL and TON are up a massive 686% and 295% since August 2023.
Solana (SOL) and Toncoin (TON) surged on Monday, outperforming the world’s second-largest cryptocurrency, Ether (ETH), by market capitalization. Meanwhile, Bitcoin (BTC), the market leader, remained sluggish, trading at $63,450 at press time.
According to the data from CoinMarketCap, SOL rose almost 2% and is trading at $159.45 and the cryptocurrency jumped from a 24-hour low of $156.03 to a high of $161.95. However, the altcoin is down a whopping 38.76% from its all-time high of $260 witnessed on November 7, 2021, during the previous crypto market bull run.
SOL’s trading volume dropped 28.89% in the past 24 hours and currently sits at $1.93 billion. Its market cap stands at $74.3 billion. The altcoin is up 12.03% in the past week but down 9.96% in the past month. However, SOL has gained a massive 686.04% since August 2023.
Meanwhile, TON increased 4.58% in the past 24 hours and trades at $5.64, with a 34.67% decrease in trading volume. Its market cap is $14.3 bi…
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Source: https://coinedition.com/ethereums-dominance-challenged-as-sol-ton-rise/