#SolanaSurge Bitcoin is stable and Solana is ahead of the herd reading between the candles
The market is relatively calm... but let me tell you that this calm is not indifference, it's accumulation, and behind the scenes, there are big movements being prepared. Today, the market took a slight break, but some coins have started to play, led by Solana, which is no longer just an alternative to Ethereum; it is actually competing for the market's top spot.
Let's dive together into the market details and without exaggeration, let's read the picture as it is.
How is the market doing?
The total market capitalization is $2.76 trillion (down 0.93% from yesterday).
The daily trading volume is about $69.7 billion, which gives us an indication that liquidity is still moving. Bitcoin's dominance is 61.02%, which means that people are returning to seek relative safety. Ethereum's share is 6.93%. In the calm of Stablecoins, the currencies pegged to the dollar represent about 8.5% of the market (this means that many people are protecting themselves and waiting for opportunities to enter).
What happened from yesterday to today?
Yesterday, the market was making slight gains; we saw Bitcoin approaching $85,000, Ethereum trying to outperform, and Solana had an increase of over 4%. Today, there has been a slight slowdown so far, but what is noteworthy is that Solana continued its rise, and this is not a speculative movement... there is institutional work behind it, updates, and confidence being built.
Analysis of the five major coins