#Small.cryptocurrency takes off, displacing #Solana

_Solana (SOL) marked an important milestone by overtaking #Ripple's XRP to become the fifth-largest cryptocurrency by market capitalization, which now stands at over $34.4 billion. In a notable rise, the price of SOL crossed the $80 threshold today for the first time since May of the previous year, reflecting an 8% increase on Wednesday alone. This rise in value coincides with a broader rally in the cryptocurrency market, highlighted by #Bitcoin's rise past the $44,000 mark. Solana's recent success is not limited to its price performance alone. The ecosystem showed strong growth, with Total Value Locked (TVL) showing a strong recovery. This rebound in investor confidence can be attributed in part to the successful claim of the first batch of Solana Saga smartphones, which notably included an airdrop of the BONK meme coin – a move that appears to have sparked more interest and activity within the Solana network.

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