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CEX Tokens and Solana-Based Tokens Exhibit Impressive Hikes

source-logo  coinedition.com 14 March 2024 07:32, UTC

The latest updates from CoinGecko unveiled the significant growth of centralized exchange (CEX) tokens and Solana-based tokens. As per the data, the CEX tokens’ market cap currently stands at $118 billion, up by more than 12% in the past 24 hours.

In addition, the Solana project tokens boast a total market cap of $217 billion, marking a modest 24-hour hike of 4.4%. Colin Wu, a Chinese reporter, shared insights on the astounding performance of CEX tokens and Solana tokens via his Wu Blockchain page.

CEX platform tokens and Solana project tokens saw general gains. BNB once exceeded $630, with a 24-hour increase of 15.64%, and OKB had a 24-hour increase of 9.5%. SOL rose 11.66% in 24 hours, JUP rose more than 15% in 24 hours, and WIF rose more than 20% in 24 hours.…

— Wu Blockchain (@WuBlockchain) March 14, 2024

In CEX tokens, leading the charge is BNB, the native cryptocurrency of Binance. BNB has reportedly exceeded the $630 mark with a substantial surge of 15.64% in 24 hours. At press time, the token is trading at $617.58, with an increase of 14.7% in the last 24 hours.

Another token that has garnered attention is OKB, the global utility token issued by OKX. Wu claimed that the token had a gain of 9.5%. Currently, OKB is trading at $72.39 and has an uptick of 7.4% in one day.

Moving to the Solana tokens, Solana’s native SOL token has been creating headlines over the past weeks with notable upticks, reaching a 20-month high. Currently trading at $166.69, SOL marks a 24-hour surge of 11.58%, a weekly surge of 20.52%, and a staggering monthly surge of 48.99%.

Solana-based Jupiter token has also experienced a remarkable increase of 15.69% in the last 24 hours. Currently priced at $0.937, the token boasts a market cap of $1,266,251,015. Another notable token is Solana blockchain’s red-hot meme coin dogwifhat (WIF), which has been making waves in the market with astounding hikes. At press time, WIF is priced at $2.87, marking a 24-hour increase of over 30%.

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