June 29 (Cointime) - Solana (SOL) experienced an unprecedented surge in its price on June 29, surpassing all other assets in the top 100 by market cap in terms of gains. It is now positioned at the forefront of the cryptocurrency market, with a total market worth of $7.1 billion and a steady advance towards the significant milestone of $20.

Despite trading below the 200-day simple moving average (SMA) and below the 50-day SMA, Solana is predicted to trade at $26.71 in one month, according to CoinCodex’s technical indicators.

Additionally, Solana witnessed a remarkable surge in its daily active addresses, surpassing Ethereum and approaching Polygon’s popularity and usage levels. Finally, on June 29, the high-performance cross-chain trading between Solana and Ethereum Virtual Machine chains went live, allowing Solana users to access EVM-based blockchains without relying on derivative tokens or wrapped tokens.