Solana broke past $100 for the first time since April 2022.

Solana surpassed $100 on Saturday afternoon for the first time in 20 months since April 2022.

SOL is up 6% on the day, according to data from CoinGecko, after hovering below $100 for the past two days, jumping to a price close to $103. The currency overtook XRP to become the fifth coin by market cap on Wednesday, and overtook Binance Coin (BNB) for the #4 slot late Thursday.

As of this writing, Solana has a market cap of $44 billion. last week, every week The transaction volume of decentralized exchanges (DEXs) on the Solana blockchain eclipsed that of rival Ethereum for the first time.

Other Solana-based tokens have seen significant gains in recent weeks, although they have declined in recent days. BONK eg It rose to a high of $0.00003416 on December 15. It's down nearly 45% since then, reflecting memecoins' notorious volatility, but is up 347% over the past month.

WIF, meanwhile, is up 294% this week alone, although it's down 28% from Friday's all-time high. Crypto-powered wireless network Helium's HNT token has posted a 217% gain over the past 30 days, while the network's mobile token is up 1,316% this month following the nationwide expansion of Helium's mobile service.

Solana is the top 10 cryptocurrency gainer by market cap in the last 24 hours, and its 37% increase over the past few days makes it stand out in the top 100 as well. Other hot coins this week include Ethereum scaling network Optimism's OP token (up 49%) and Protocol's Close token (up 47%).

By comparison, the two largest cryptocurrencies by market cap—Bitcoin and Ethereum—each posted roughly 3% gains over the past seven days.

Edited by Andrew Hayward.