Ethereum and Solana Continue Upward Spree Amid Positive Investor Sentiment

Ethereum ($ETH) and Solana ($SOL) are witnessing continuous price surges. As per the new market statistics, the rising investor interest has led to 3.77% and 4.34% increases in the prices of Ethereum and Solana over the past 24 hours. Hence the present outlook of both the prominent crypto assets increases optimism about the future price actions in their prices.

Ethereum ($ETH) Price Analysis

Ethereum ($ETH) is presently changing hands at $2,789.68, highlighting a 3.77% increase during the past twenty-four hours. In addition to this, the market capitalization of the top altcoin accounts for $336.77B. Simultaneously, the 24-hour trading volume of the crypto asset has also reached the $34.43B, denoting a 4.23% surge.

Along with that, the 7-day price performance of the flagship altcoin signifies a 6.44% rise. In the same vein, over the past month, Ethereum ($ETH) has recorded an 11.34% dip in price. In this respect, the recent price upsurge is a sign of robust market resilience. Hence, the market onlookers and traders will keep a keen eye on Ethereum’s further price progression in the coming days.

Solana ($SOL) Price Analysis

Just like Ethereum ($ETH), Solana ($SOL) is also displaying a bullish price trajectory. The current price of $SOL is $165.60, indicating a substantial 4.10% surge over 24 hour. Complementing this, the market capitalization of Solana accounts for $86.71B after a 3.79% increase. At the same time, the 24-hour volume of the crypto coin is $5.42B following a 42.87% spike. Additionally, the well-known cryptocurrency has jumped by nearly 5.80% over the past 7 days.

Nevertheless, when it comes to 1-month performance, Solana ($SOL) has gone through a 6.10% decline in its price. Even then, the recent upward push in Solana’s price showcases the potential for a likely jump in the near term. Thus, the positive price progression of both the above-mentioned crypto assets underscores their continuous growth within the rapidly evolving crypto market.