According to BlockBeats, as of October 28, data from 8marketcap indicates that Solana's market capitalization has reached $83.63 billion. This marks a 2.35% increase over the past 24 hours. With this surge, Solana has now surpassed the market cap of payment giant PayPal, which stands at approximately $83.52 billion. Consequently, Solana is now ranked 252nd in the global asset market capitalization rankings.