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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Solana ($SOL) Joins the $100 Billion Market Cap Club Amid Bull Run, While Bitcoin Hits New All-Time High of $81,500 12

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%.

The current trade price of #Solana ($Sol) coin is $210 pic.twitter.com/NiR5fibhbo

— Bitcoinik (@Bitcoinikdotcom) November 10, 2024

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.

#Altcoins #SOL at $200 and Breaking Out! 💥

A MASSIVE Bull Flag is unfolding on #Solana. 🚀

Target: $1,400 🎯 pic.twitter.com/eQyYyn33cm

— Titan of Crypto (@Washigorira) November 8, 2024

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.

"Buy Bitcoin" is at pre-parabolic bull market levels and rising fast. pic.twitter.com/S3XJZ0NHnu

— Bitcoin Archive (@BTC_Archive) November 10, 2024

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.

Blue region is actually orange (#Bitcoin) pic.twitter.com/V8Rz4IS4Ek

— Bitcoinik (@Bitcoinikdotcom) November 10, 2024

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

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