Solana (SOL) has just overtaken USDC to grab the 6th spot on CoinMarketCap, now sporting a market cap of $64.26 billion.
This big move comes right after a rough “Black Monday” crash that saw the global crypto market drop by double digits. But things are looking brighter now, with the total crypto market cap at $2.66 trillion, up 2.88% in the last day.
Just a couple of days ago, Solana’s market cap was hovering around $60 to $61 billion during the chaos.
Today, its price jumped to $124.55, climbing 6.91% in 24 hours after briefly topping $125. Yesterday, it bounced between $110 and $115.
Some folks are even betting it could hit $130 or maybe $150 soon, as the prediction site Polymarket suggests. During the crash, Solana found solid ground around $100 to $105 and is now testing a resistance level at $125, which is a promising sign for investors.
Meanwhile, USDC slipped to 7th place with a market cap of $60.06 billion, down a tiny 0.11%. Its price stays steady at $0.9998, but its trading volume fell 27.86% to $9.67 billion. USDC is reliable, sure, but Solana’s explosive growth is grabbing all the attention right now.
The market’s recovery picked up steam after Trump announced a 90-day pause on tariffs, easing some worries. Bitcoin has surged past $83,000, and Ethereum’s holding strong above $1,500—setting a pretty upbeat tone across the market.
Solana, meanwhile, is turning heads with its lightning-fast transactions and an expanding ecosystem of apps. It’s quickly becoming a favorite for those eyeing high returns.
Could it break the $125 mark and push toward $130? Possibly. The crypto space is still as unpredictable as ever, but this recent rally is a clear sign that confidence is creeping back. Definitely worth keeping an eye on.
Also Read: Solana Price Prediction: Will SOL Hit $127 or $100 First?
