Blockchain represents 49% of investor interest since the start of the year, according to a global study.
Solana is reborn from her ashes. According to Coingecko Research, blockchain represents 49% of investor interest since the start of the year, far ahead of Ethereum (13%) and BNB Chain, Binance’s network (5%). This trend is explained by the “continued rebound of Solana towards the heights of 2021, as well as the strong performance of key project tokens in the ecosystem as well as meme coins”, underlines The Block.
Its native cryptocurrency also benefits from the surge in bitcoin in recent weeks. On Monday, solana jumped above $200, although the cryptocurrency remains 30% below its all-time high reached in November 2021 at $260.
$11 billion in transactions in one day
Everything is played out on the blockchain. Around $11 billion in transactions were recorded on Monday March 18 alone. Investors are betting in particular on “meme coins”, like bonk or slerf, available on decentralized exchanges (DEX) linked to the Solana universe.
Launched in 2020, the solana cryptocurrency gained momentum during 2023, with 750% growth over one year, to the point of today becoming the fourth most capitalized cryptocurrency on the market, with $78 billion in total. counter according to Coinmarketcap. The cryptocurrency has made an impressive catch-up in one year, after having collapsed by 93% in 2022, in the wake of the fall of cryptocurrency giant FTX in mid-November. Likewise, its blockchain had experienced 6 outages during the year 2022, chilling investors.
Source: https://www.bfmtv.com/crypto/blockchain/solana-la-blockchain-la-plus-populaire-des-investisseurs-en-2024_AV-202403220542.html
