Solana gained popularity among crypto investors, helped by its lightning-fast transaction speeds and low fees. It is a blockchain platform that is highly focused on overcoming the challenges of speed and scalability faced by many existing blockchains. On August 26, 2024, it increased by approximately 1.34% in the last 24 hours and 11.29% in the last seven days. The surge in SOL brought the digital asset to its highest point in two years, reaching levels last observed in April 2022, three months after the culmination of the bull cycle in 2021. However, it dropped slightly and landed on the fifth slot, with BNB regaining dominance shortly after March 4. #crypto