Solana (SOL) Dominates Digital Assets Market, Accounts For 87% Of Weekly Inve...
Solana (SOL) has dominated the market recently in terms of price and adoption. The better part of a month has seen Solana claim multiple positions in the top 10 cryptos by market cap. The altcoin has done tremendously well in terms of price. Shaking off every crash with ease. Then going on to set multiple […]
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2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC. Solana, hosting tokens like BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is a runner-up with a $2.6B meme coin market cap. Other […]
Crypto assets have seen significant gains over the last month and one such digital currency, solana (SOL) has propelled itself into the top ten rankings and recently flipped the crypto asset dogecoin’s market cap position. As of Friday, solana currently holds the seventh-largest market valuation out of all the coins in existence with a market cap of around $41 billion.
Solana Skyrockets More Than 300% in 30 Days
In mid-August, Bitcoin.com News reported on solana (SOL) capturing fresh all-time highs and since then the crypto asset has gained a lot more value. At that time,....
A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act. The legislation would “provide the Securities and Exchange Commission (SEC) with authority over digital asset securities and the Commodity Futures Trading Commission (CFTC) with authority over digital assets.” Digital Asset Market Structure and Investor Protection Act U.S. Representative Don Beyer introduced the Digital Asset Market Structure and Investor Protection Act last week. The legislation would incorporate digital assets into existing financial regulatory structures,....
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. ** Editor’s Note: At 3:30 p.m. (EST) on Sept. 14, 2021, this post was updated with a statement written by the Solana Status Twitter account. At the time of update, Solana’s issues still persist and the community is preparing a fix. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets....
Crypto analyst Jacob Canfield has laid out a comprehensive analysis, suggesting Solana (SOL) could be on the brink of an unprecedented market surge. “In my opinion, I think that Solana is going to continue to be one of the biggest movers during this current bull market cycle,” Canfield states, proposing that Solana could potentially escalate its market dominance to the 12-15% range. Can Solana Hit $1,000? Canfield bases his analysis on several indicators. He highlights the Solana Dominance (SOL.D) chart, noting that at the peak market cap, it didn’t even crack 3%. Given....