Key Takeaways
Solana experienced an impressive 18% price surge in 24 hours, competing closely with Binance’s BNB for the fourth spot in cryptocurrency market capitalization after surpassing XRP;
Solana’s performance over the past week has outshone its crypto counterparts, with a notable gain of over 30% in value;
Despite being heralded as an “ETH killer,” Solana still has a considerable distance to cover before it can pose a serious challenge to ETH’s market cap dominance.