Amidst a tumultuous week, Solana has witnessed inflows exceeding $4 billion in a single day to its market cap.
Indeed, the market value of the world’s fifth-largest cryptocurrency increased from $51.17 billion to $56.76 billion in only 24 hours on December 16, according to CoinMarketCap.
To be precise, SOL added $5.59 billion over the period, although at its lowest point in the last day, Solana’s market cap was $48.67 billion before its upwards move.
Currently, Solana is now trading at $183.71, up 10.3% in the last 24 hours, although it is still down 2.54% over the previous seven days.
