Solana Soars to Roundtable Top 10 with 55-Place Leap

Solana has made its biggest move yet in the Roundtable 100 ranking, climbing 55 places to No. 7 from No. 62.

The token's rapid ascent was due in part to a new committee review of Solana's leadership, safety, innovation, growth and market position, which gave it high scores across the board: 98 for safety, 94 for leadership, and 40.5 for growth (reflecting a 6.85% six-month return through the ranking date).

The committee also praised Solana's team, giving it a 94 score.

A key factor in Solana's rise was its growing institutional adoption: DeFi Development Corp., a Nasdaq-listed company built to accumulate Solana, launched a SOL-backed preferred instrument called CHAD with a 13% cumulative dividend rate paid daily when declared by its board.