Solana (SOL) has increased by another 22%, reaching a new high of $174.75. As its market cap crosses $50 billion for the first time, Solana is narrowing the gap with Ripple XRP. The total value locked on Solana network has increased by 4.5x, or 350%, in the last six weeks since the beginning of August 2021. Solana TVL closes in on $5.75 billion in revenue. Solana's overall worth has reached a new all-time high of $5.73 billion.