Solana, which dropped to $8 during the bear season and reacted with interruptions from time to time, exceeded $200 for the first time after 2021. Surpassing the $90 billion market capitalisation, Solana also surpassed BNB in the cryptocurrency ranking.

Serious rise in Google searches

Solana, which has recently become the centre of attention, especially with the meme coins issued on the network, saw BOME craze over the weekend. Book of Meme (BOME), which was launched a few days ago on the Solana network, exceeded a market value of $1.5 billion in a short time, while transaction volumes increased significantly. Solana’s surpassing $200 also brought a record in Google searches. The word Solana exceeded the 100 level for the first time in Google trends. The figure had seen 75% as the last peak in September 2021. It was also noteworthy that Malta, China, Spain and Georgia were the countries where the most searches were made.

Trading volume surpassed Ethereum

Solana network activity also outpaced Ethereum over the weekend. Here, too, the meme coin craze had a big impact. In fact, the network was so overloaded that some of the transactions experienced major delays. On 16 March, Solana’s total transaction volume exceeded $3.5 billion. In Ethereum, this figure was about $1.1 billion lower.

Solana, which has risen more than 40% in the last 1 month, is trading at about $201 in the minutes of writing the news.