As the positive sentiment in the cryptocurrency market returns, Solana (SOL) has stood out for its gains, both daily and weekly, as it significantly grew its price and market capitalization, leaving many to wonder how much this digital asset will be worth in the years to come.
Indeed, Solana has gained nearly 12% to its price in the last 24 hours while also adding $2.3 billion to its market cap across the previous seven days, as it rose from $8.89 billion on October 13 to $11.19 billion at press time (up 25.87%), according to the most recent chart information from Finbold and CoinMarketCap as of October 20.
Solana market cap 7-day chart. Source: CoinMarketCap
Solana price analysis
Specifically, in terms of its price, Solana has advanced 12.89% on the day, adding up to its weekly gain of 25.75%, as well as an increase of 34.92% on its monthly chart, and is currently changing hands at the price of $26.89, as per the latest data retrieved on October 20.
Solana 24-hour price chart. Source:
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