Solana ($SOL) Joins the $100 Billion Market Cap Club Amid Bull Run, While Bitcoin Hits New All-Time High of $81,500

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Finally, the Solana blockchain network has reached a $100 billion market cap, marking a significant milestone and signaling the start of the first phase of the crypto bull run.

The current trading price of Solana ($SOL) is $210, a level that represents a 44% increase over the last 30 days. In the past 24 hours, the price of this cryptocurrency has surged by 4.5%.

Today, Solana’s market cap briefly surpassed $100 billion but has since settled to approximately $99.28 billion.

According to crypto analyst “Titan of Crypto,” the trading price of Solana may rise to $1,400 under the current market conditions.

Bitcoin Price Action

Today, Bitcoin reached a new all-time high. Just an hour before this article’s publication, Bitcoin was trading at $81,423. The current trading price of Bitcoin is $80,343, reflecting a 4.5% increase over the last 24 hours. Bitcoin enthusiasts noted that Bitcoin is very close to surpassing silver’s market cap.

Bitcoin about to flip Silver. #Bitcoin     vs Silver
🟧🟧🟧🟧🟧🟧🟧🟧⬜️$1.77T
$1.6T 90%

🚀

— Bitcoin Archive (@BTC_Archive) November 10, 2024

Google Searches for Bitcoin Surge

Following Bitcoin’s rise to $80,000, Google search volumes for “Bitcoin” and “Buy Bitcoin” have surged significantly.

This trend in Bitcoin-related searches has been growing rapidly over the past few days. Notably, the top two countries with the highest search volume for “Buy Bitcoin” are Bitcoin-friendly El Salvador and Nigeria, where the crypto sector is developing under a gray regulatory zone.

Read also: MicroStrategy’s Bitcoin Profits Soar Past $10.19 Billion as Michael Saylor Eyes Even Greater Gains

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