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Crypto Prune > Market > Solana breaks historical record of market capitalization
Market

Solana breaks historical record of market capitalization

5 months ago 2 Min Read

Solana Cryptocurrency (SOL) has reached a new financial milestone. For the first time, its market capitalization exceeded $130 million.

The following graphics provided by CoinmarketCap let you see how capitalisation in the Solana market has grown throughout its history.

Market capitalization of cryptocurrency Represents the sum of all coins that exist It is also calculated by multiplying the current price by the total amount available in the market, as explained by Cryptnoticia.

This is an important metric that reflects the location and size of assets within the cryptocurrency ecosystem.

Some readers may ask why Solmark is market capitalization, although they have not reached the new maximum at the price of each unit, so it is important to clarify this.

Currently Solana Negotiated for $240, 18% below the historic maximum of $294reached January 2025.

Lags are explained by currency inflation. SOL issues new units at an accelerated pace without maximum limits (unlike Bitcoin, for example, where supply does not exceed 21 million units).

This can be seen in the following graph, where the black line is provided by different trades representing the price of the sun, while the blue line shows the sustained growth of the currency supply. The circulation has already exceeded 500 million coins. This increase illustrates the network inflation model.

The truth is that Sol, as one of the protagonists of this upward cycle, positions himself primarily for the increased facilities of assets.

Currently, the 13 companies cited in the stock market are accumulating $8.9 million in sun, a volume that grew 7% last month.

See also  XRP and Solana go to the Ministry of Finance on all blockchains

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