Solana Leads Crypto Rally With Two-Month’s Record Jump

Solana Leads Crypto Rally

Solana’s SOL has jumped 14% to trade at $127 in the past day, the highest level in two months amid a bullish momentum in the crypto sector.

The cryptocurrency market has increased by 0.7% in the past day, with most gains recorded in cryptocurrencies having a market capitalization between $1 billion and $5 billion.

Zilliqa’s token ZIL jumped 20% in the same period, with the weekly gains recorded at 289%. IOST rose as much as 40% in the same period.

Ethereum’s ether has maintained its price at around $3,400 together with Binance Coin and XRP. Avalanche’s AVAX has jumped 7% ahead of the upcoming community conference.

FxPro market analyst, Alex Kuptsikevich, says that there is an increasing interest in purchasing stablecoins by investors, indicating a potential bullish momentum in the near term.

Source: Coindesk

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