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Solana Surges in Crypto Trading, But Ethereum Fights Back!

Dec 23, 2023

Solana Surges in Crypto Trading, But Ethereum Fights Back!
Solana Surges in Crypto Trading, But Ethereum Fights Back!
Solana Surges in Crypto Trading, But Ethereum Fights Back!

Solana, a blockchain network, had a lot of cryptocurrency trading on its special exchanges in the past week, even more than Ethereum for a short time. But now, Ethereum is back in the lead for the last 24 hours. These special exchanges let people trade different kinds of cryptocurrencies, including ones that are like jokes. Solana is getting popular because it doesn't charge as much for transactions. Some tokens like BONK and WIF were really popular on Solana, and Solana's own token, called SOL, went up a lot, even over $80, which is the highest it's been this year. Right now, SOL is worth more than $89. But, Solana is still smaller than Ethereum when it comes to how much all its stuff is worth. Ethereum is much bigger, worth $268 billion, while Solana is worth $37 billion.