Solana Beats Bitcoin And Ethereum As SpaceX IPO Drives Tokenized Trading Boom

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The long-awaited U.S.–Iran peace agreement sparked a rally in top tokens in the cryptocurrency market, but the biggest gains didn’t come from Ethereum (CRYPTO: ETH) or Bitcoin (CRYPTO: BTC).

Solana Outperforms The Biggies

Over the past week, Ethereum advanced by nearly 9% and Bitcoin rose 5.89%, as investors boosted risk exposure amid hopes for prolonged global peace.

However, Solana (CRYPTO: SOL), a much smaller asset in terms of market capitalization, has rallied 14%.

Cryptocurrency 7-Day Gains +/- Price (Recorded at 4:30 a.m. EDT)
Solana +13.76% $72.26
Bitcoin +5.89% $64,935.22
Ethereum
               
+8.91% $1,760.91

SpaceX-Led Surge?

The outperformance could be linked to SpaceX’s blockbuster IPO, which has had a pronounced …

Full story available on Benzinga.com

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