Last week witnessed significant price movements in the top cryptocurrencies Solana (SOL), Book of Meme (BOME), and Sui (SUI) as the cryptocurrency market hit a peak of $1.71 trillion before retracing to $1.54 trillion.

Solana Soars 32%

Solana experienced an impressive price surge, jumping by 20.78% from March 11 to 14 with four consecutive days of gains. The price peaked at $178 on March 14 before retracing slightly to $164. Despite this, the cryptocurrency managed to recover and closed above $183 on March 15, establishing itself as one of the top gainers. Although Solana faced a minor 1.03% loss on March 16, it quickly recovered the next day, currently trading at $192, up 32% for the week, aiming to cross the $200 mark.

BOME Surges 29,900%

The Solana-based meme coin Book of Meme (BOME) witnessed a remarkable 29,900% surge in a week, making it the largest rally in the market. BOME started trading at $0.00005880 on March 14 and quickly gained traction due to positive market sentiment around Solana meme coins. The coin surged to $0.00583 on March 15 before retracing slightly. Binance’s announcement of listing the asset further boosted its price, reaching a high of $0.02703 on March 16. Despite a slight dip post-listing, BOME remains strong above $0.017, up 29,900% from its initial price, with a market cap of $978 million.

SUI Holds Above $1.50

Sui did not perform as impressively as Solana and BOME but managed to hold its ground against bearish pressures. After a strong start to the week, rallying 9% to $1.6970 on March 13, Sui faced two days of bearish action, dropping below $1.50 to a low of $1.3396 on March 15. Despite a recovery to $1.7200, Sui experienced another price drop. However, the asset remains above $1.50, crucial for avoiding further declines. Sui is down 1.71% for the week.

For more updates on the cryptocurrency market, stay tuned to Global Crypto News.

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