• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, July 12, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Solana becomes the 7th largest cryptocurrency flipping Doge

by Reshab Agarwal
September 3, 2021 - Updated On September 29, 2021
in Crypto, News, Trending
Reading Time: 2 mins read
0
Solana's massive VC holding
TwitterWhatsappLinkedin

After the unstoppable rally, Solana finally becomes the 7th largest cryptocurrency flipping Dogecoin. SOL that is coined as the Ethereum killer, came to the limelight because of its cheap and fast transactions. It still continues to rise as the price of Bitcoin has neared $50k again. I think it was a well-deserved spot for Solana; after all, Doge doesn’t do anything except make people laugh. I don’t think that SOL is stopping here. Depending on the rally that follows, we could soon see it in the top 5 list or even top 3.

You might also like

Eutelsat OneWeb Raises €1.5 Billion with Strategic Support from UK, France, and Bharti

Weekly Business News: Everything from Fipola’s shutdown to the Kuku FM battle

Weekly Startup Funding News: Indian startups raised $133 Mn this week; from Chai Bisket to AMAMA

Solana’s growth in the last month

Solana has more than quadrupled in the last month. The price of the currency is $134 at the time of writing this, and on 3rd August, it closed at $34.10. This massive rise in value came after all its perks have started to get noticed by crypto enthusiasts. No other token in the market supports faster transactions than Solana, and the best part is the incredibly low fees that won’t even be noticeable to most users.

Solana becomes the 7th largest cryptocurrency

While crypto markets recovered, most fundamentally, good coins saw an immediate jump in price. While tokens like ADA, LUNA, SOLANA and others made all-time highs, larger tokens like ETH and BTC have almost reached their previous ATH. But unlike them, meme coins like Doge, Shiba Inu, and others are still not seeing adequate growth. And this is why the brief bear market has left them and their investors in turmoil. I am also expecting other good tokens to take over Doge as the markets recover and people invest in better tokens.

Can Solana beat Ethereum?

Considering it’s the fastest cryptocurrency with a very cheap transaction rate, I can envision it beating Ethereum. But in the short term, it is very unlikely. The market cap of ETH is significantly higher than SOL right now, and it has to do more than 10x from here on, with ETH staying put, to become larger. But in the long run, as more people invest in the token and its usage increases, we could see it beat ETH.


What are your thoughts on Solana as it becomes the 7th largest cryptocurrency with a market cap of $38.88B? And do you think it could beat ETH in the long run? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Twitter is bringing Bitcoin and Ethereum integration to their platform

Tags: #Dogecoin#Solana
Tweet54SendShare15
Previous Post

Apple secures Arizona and Georgia to digitize State IDs and Driving License

Next Post

Survey suggests 17% of all Australians hold cryptocurrencies

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Eutelsat OneWeb Raises €1.5 Billion with Strategic Support from UK, France, and Bharti

by Thomas Babychan
July 12, 2025
0
Eutelsat OneWeb Raises €1.5 Billion with Strategic Support from UK, France, and Bharti

Eutelsat Group has completed a major financial move by securing €1.5 billion through a capital increase. This step is expected to reshape its position in the global satellite...

Read more

Weekly Business News: Everything from Fipola’s shutdown to the Kuku FM battle

by Ishaan Negi
July 12, 2025
0
Weekly Business News: Top business updates in this week

Fipola’s Sudden Shutdown Leaves Employees Stranded Once regarded as a rising star in the D2C meat market, Chennai-based meat delivery firm Fipola Retail India Pvt. Ltd. abruptly shut...

Read more

Weekly Startup Funding News: Indian startups raised $133 Mn this week; from Chai Bisket to AMAMA

by Ishaan Negi
July 12, 2025
0
Weekly Startup Funding News: Indian startups raised $447 Mn this week; from Techjockey to Physics Wallah

After a couple of high-octane weeks for India’s startup funding scene, the pulse slowed considerably between July 7 and 12. The ecosystem saw a sharp 58% dip in...

Read more
Next Post
Survey suggests 17% of all Australians hold cryptocurrencies

Survey suggests 17% of all Australians hold cryptocurrencies

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?