Solana Flips Cardano: Crypto Community Buzzes With Excitement

• Solana (SOL) is a high-performance blockchain platform that is rising in popularity and edging closer to flipping Cardano (ADA).
• The crypto community is excited about the potential of Solana, while Cardano investors lament its lack of marketing.
• Despite its recovery, Solana has still not reached the $33.20 it traded at in early November.

Solana Generates Excitement

Solana (SOL) is a high-performance blockchain platform that has been generating significant excitement in the crypto space. As of July 18, 2023, Solana’s market capitalization is $10,282,533,516, with each SOL token priced at $25.54. This represents a 16.28% increase over the past week, indicating a strong upward trend as it edges closer to flipping Cardano (ADA), one of the top cryptocurrencies by market capitalization.

Reactions from Crypto Community

The crypto community is buzzing with anticipation as Solana continues to gain traction and edge closer to flipping Cardano. Twitter sentiment suggests a growing hype for Solana among users who are excited about its potential while some Cardano investors have acknowledged the possibility of Solana flipping Cardano and lamented its lack of aggressive marketing strategy compared to other projects such as Solana.

Cardano’s Market Capitalization

Cardano currently has a market capitalization of $10,772,611,760 with each ADA token priced at $0.3079 which represents 6% increase over the past week but still slower than Solana’s growth rate which indicates that gap between two coins might be closing soon if current trend persists and if this happens then SOL will become 7th biggest crypto token by total market cap according to Coinmarketcap which would be a major milestone for project.

FTX Collapse Impact on SOL

Since FTX exchange collapsed in November last year due to their close relationship with the exchange caused significant crash in price of SOL causing it not reach previous highs i-e 33 dollars per token which was recorded earlier this year but despite this setback SOL recovered significantly since then again and now it is much closer to flip cardano than ever before according to recent reports from various sources including Coinmarketcap .