Solana Metrics Surge: Total App Revenue Climbs To $840M In Record-Breaking Qu...
A recent report by market intelligence firm Messari has highlighted an extraordinary performance by Solana (SOL) during the fourth quarter of 2024, characterizing it as potentially the best quarter for any blockchain in history. Solana Becomes Second-Largest DeFi Network The report reveals a staggering 213% quarter-over-quarter (QoQ) growth in Chain GDP—essentially the total app revenue generated on the Solana network—rising from $268 million in Q3 to an impressive $840 million in Q4. November stood out as the most lucrative month, contributing $367 million to the ecosystem. Related....
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The crypto market experienced a notable surge yesterday, with Solana (SOL) breaking past the crucial 4-hour resistance at $130. This breakout has caught the attention of investors, who now anticipate a potential price surge in the coming months as market sentiment remains optimistic. Related Reading: Solana (SOL) 180-Day Consolidation Set to Break: Massive Rally Just Around the Corner? Many analysts are forecasting further gains, pointing to Solana’s recent performance as a key indicator of its strength. Investors are particularly focused on SOL’s ability to maintain its momentum,....
The bitcoin mining company increased its ASIC fleet by 4,000 machines, driving up its hash rate and delivering a record-breaking revenue of $3.8 million.
Last week's mining revenue eclipsed the previous record set in mid December 2017.
CryptoSlam ranks Solana as the fourth-best NFT blockchain behind Ethereum, Ronin and Wax in terms of 24-hour sales volume. Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August. According to data from CryptoSlam, secondary sales of Solana NFTs have generated a total of roughly $497.7 million from around 348,000 transactions as of Nov. 2, with the average sale per NFT tallying in at $1,500. The data shows that Solana saw a record month for secondary NFT sales volume during September with a total of $189.4 million.....
Solana (SOL) price has locked its sights on the goal from day one. Solana’s price is extremely bullish Price spiked aggressively to $47 SOL/USD pair key resistance spotted at $49.5 Evidence to that, SOL price has behaved extremely bullish as the price surged to $47. The bulls have been consistent with orchestrating an uptrend for a couple of days now. Related Reading: Monero (XMR) Climbs Over 7% Before Weekend Hard Fork Solana Showing Uptrend Signals Despite Correction In fact, due to stubborn resistance, the price of SOL spiked to $48.4 early yesterday. It was apparently a....