Another eventful 24 hours has seen new milestones for Solana (SOL) and Terra (LUNA) as both tokens hit their latest all-time highs.
SOL has already been on a roll this week, starting on August 26; it grew from a relatively lowly position of $67.55 and proceeded to smash threshold after threshold. By August 28, it had broken the $90 mark. But even then, it was still not done, and throughout the rest of the day made a bold play for its next marker – $100. However, its climb came to an end in the small hours of August 29, where the token fell short at $97.66. A figure that marks SOL’s newest record. At time of press, data indicated that the token had grown by nearly 25% in the space of seven days.
This stark increase has led to a slight shift in the market capitalization rankings; SOL now ranks as the 9th most valuable cryptocurrency, with a total market cap of 26.9 billion. An upward move that follows its initial break into the Top 10 by two weeks.