Polymarket: Solana Price Will Not Reach an All-time High in 2024
Solana’s (SOL) price has bounced back after bottoming at $121.50 earlier this month. It has rebounded by almost 50% and is hovering near its highest swing since May 21.
Solana price chart Solana’s ecosystem is booming
Solana has been one of the most active blockchains this year. DefiLlama data shows that its DEX volume has flipped Ethereum, thanks to the strong performance of its meme coins, such as Dogwifhat (WIF) and Bonk.
Top ten chains in DEX volume
Solana has also become one of the biggest blockchains for Decentralized Public Infrastructure (DePIN). Some of its top DePIN projects are Hivemapper, a decentralized alternative to Google that has mapped 14.47 million kilometers, and Helium.
Solana has also become a leading player in the stablecoin industry. Solscan data shows that its stablecoin market cap has jumped recently. It has over $2.6 billion worth of USD Coin and $1.88
🫡My dear🫂 brother, please follow us so that you can benefit. ❤️Follow❤️ + 👍Like 👍 so we can distribute public gifts. Thank you
