HomeCrypto GamingSolana (SOL) Price Hits Cycle High, Joins $100B Market Cap Club in...

Solana (SOL) Price Hits Cycle High, Joins $100B Market Cap Club in Broad Crypto Rally

-

Solana achieved a exceptional comeback after the collapse of Sam Bankman-Fried’s FTX and Alameda Analysis in 2022, which was a key backer of the budding good contract platform. The chain emerged because the go-to ecosystem for retail crypto customers and a hotbed of this cycle’s memecoin craze, internet hosting for instance the favored pump.enjoyable protocol. Resurging decentralized finance (DeFi) exercise additionally benefitted the community, making Solana’s on-chain buying and selling ecosystem the third-most-profitable sector in crypto, a current Coinbase report famous. The solana token was a standout amongst altcoins over the previous yr’s largely bitcoin-dominated bull market, appreciating 275% year-over-year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February

Commissioner Jaime Lizárraga is leaving January 17, he mentioned in a Friday assertion, which might give Republicans a head begin on what might in...

Immutable and Altura collaborate on marketplace tech and rewards program

Immutable and web3 sport tech firm Altura are teaming as much as present customized market options that mix each corporations’ applied sciences with a...

Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary

"I have been excited about embrace of crypto and I think it fits very well with the Republican Party, the ethos of it....

Mythical’s FIFA Rivals due out in summer 2025

Increasing its web3 sport ecosystem, Legendary Video games has introduced a brand new title, FIFA Rivals, coming in summer season 2025. Following the success of...

Most Popular

spot_img