Solana Surges to Top 3

Solana recaptured the #3 spot by market cap in 2024-2025 after recovering from the FTX collapse of 2022, reaching $290 per SOL, which is 40% higher than the average price of the runner-up among top blockchains. Its high-throughput blockchain became the dominant platform for meme coins, DeFi, and the Trump-affiliated TRUMP and MELANIA token launches which generated billions in trading volume in January 2025 within 48 hours of mint.