Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB’s $85.6 billion. According to data from CryptoCompare, over the last 30-day period SOL’s price is up around 30% to now trade at around $187 per token, while Binance’s BNB saw an upward move of 3.6% to now stand at $594.
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In recent years, blockchain technology has revolutionized the way we think about digital transactions and data management. At the heart of this innovation are crypto protocols, the fundamental rules and procedures that govern blockchain networks. Understanding these protocols is essential for anyone looking to explore or invest in the world of cryptocurrencies.
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