SOL is currently trading 20% higher at $210, with a market capitalization of $61 billion as of press time. Solana now ranks as the sixth-largest cryptocurrency, surpassing Ripple's XRP for the first time. SOL has grown more than 350 percent in less than a month, pushing it into the top ten cryptos. Solana is now in first place in terms of pledge rate, with 75.4 percent.