Solana's price increased by 5% in the past 24 hours, reaching $136.92, driven by the launch of wXRP on the Solana blockchain by Hex Trust. This development aims to enhance XRP's presence in the decentralized finance (DeFi) sector. Additionally, Anthony Scaramucci's prediction that Solana could surpass Ethereum in market capitalization has contributed to the positive sentiment.
Despite the recent uptick, Solana's price remains 11% lower on a weekly basis, reflecting ongoing volatility in the cryptocurrency market.
Solana Gains 5% Following wXRP Launch and Scaramucci's Forecast
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