Solana Reaches Market Capitalization of $67.27 Billion (SOL)

**Solana (SOL) Market Capitalization Surpasses $67 Billion**

Solana (SOL) has recently reached a market capitalization of $67.27 billion, making it one of the most valuable cryptocurrencies in the market. During the 24-hour trading period ending on July 14th, Solana saw a 3.5% increase against the US dollar. The total value of Solana traded on exchanges in that period was $1.82 billion. Currently, one Solana coin is priced at approximately $144.97 or 0.00241110 BTC.

**Performance of Other Cryptocurrencies**

Apart from Solana, several other cryptocurrencies also experienced fluctuations in their prices over the last 24 hours. For example:
– KILT Protocol (KILT) saw a 0.7% increase against the dollar.
– Aidi Finance (BSC) (AIDI) traded down 2.2%.
– Zoo Token (ZOOT) traded 2.2% lower against the dollar.
– CareCoin (CARES) traded 2.2% lower.
– Kitty Inu (KITTY) traded 1.9% higher.
– Hokkaidu Inu (HOKK) traded 1.2% higher.
– Jeff in Space (JEFF) saw a 2.2% decrease.
– Lumi Credits (LUMI) traded down by 0.3%.

**About Solana**

Solana, which uses a hashing algorithm, was launched on March 16th, 2020. With a total supply of 580,142,659 coins and a circulating supply of 464,062,406 coins, Solana is known for its high performance blockchain that can process over 50,000 transactions per second. The network uses a delegated Proof-of-Stake (dPoS) consensus algorithm and has unique transaction ordering methods to enhance speed and scalability. The native cryptocurrency of Solana is the SOL utility token, used for transaction fees, smart contract interactions, staking, and more.

**Trading Solana Coins**

While it may not be possible to purchase Solana directly with US dollars, investors can acquire Solana by first buying Ethereum or Bitcoin from exchanges like GDAX, Changelly, or Gemini, and then purchasing SOL from platforms that support these cryptocurrencies.

As the cryptocurrency market continues to evolve, Solana remains a significant player, offering high speed and scalability which are crucial for decentralized applications and financial transactions. Stay updated on the latest news and updates related to Solana and other cryptocurrencies by subscribing to MarketBeat.com’s CryptoBeat newsletter.