Solana's market cap has surpassed Binance Coin, making it the fourth-largest cryptocurrency with a value of $88.72 billion. SOL has seen a 1.80% increase in the past 24 hours and is currently trading at $188. The rally in Solana's price is expected to push it to new all-time highs, with a target of $281. The growing demand in decentralized finance (DeFi) has contributed to Solana's success, with the network's Total Value Locked (TVL) reaching $6.667 billion. The number of non-vote transactions and active addresses on the Solana network is also increasing, indicating strong network activity.
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