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2022-10-14 11:26:01

Who Shines Brighter? Solana Beats Altcoin King Ethereum In This Key Area

Solana fell into a four-month low of $28.35 during the early morning of October 13, plummeting below the $30 marker again for the first time since June 13 when it changed hands at $28.19. Although the altcoin is not just the only one that suffered as many other cryptocurrencies including pack leaders Bitcoin and Ethereum painted their charts in red, SOL was hit the hardest. The crypto, however, was able to trim its losses, moving back above the $30 range. At press time, tracking from Coingecko shows the asset is trading at $31.36. Despite the rebound, Solana is still down by 5.9% over the past 7 days and is second to Cardano in terms of losses during the same time period among the top 10 cryptocurrencies in terms of market capitalization. But despite being hit hard by price correction, Solana was able to surpass the king of all altcoins, Ethereum, in a category that may surprise a lot of people involved in crypto space. Related Reading: Dogecoin Can Regain Losses If DOGE Extricates Itself From This Level Solana Beats Ethereum In NFT Space Solana increased its non-fungible tokens (NFT) sales over the last 30 days by 100%, beating other blockchains including Ethereum. According to data shared on social media by Solana Daily, SOL ranked 2nd, placing behind Immutable (IMX) in terms of NFT sales growth over a period of one month. ✨ Top Blockchains by NFT Sales Growth Last 30D#ETH @ethereum -17%#SOL @solana +100% 🚀🚀🚀#FLOW @flow_b...

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