Solana after the Bitcoin halving... where is it headed?
We have all noticed the great activity that the Solana network has witnessed in recent months, especially with the meme coins that were launched on it. What will be the fate of the Solana coin, SOL, after the halving? Where the trend will be is what we will discuss with you in the next blog! So, if you want to know more about the Solana coin, the reasons for its rise, and the fate that awaits it, we advise you to complete this blog until the end!
As usual, the crypto market brings us many, many surprises. The SOL currency, whose fate was unknown after the collapse of the FTX platform affiliated with Sam Bankman Fried, has become the talk of the crypto market in recent months following the strong rises achieved by the meme currencies built on its network.
Who among us has not heard of the BOME, SNAP, WIF, and SLERF tokens? All of these tokens were launched on the network. In the beginning, the motivation for the projects developing the tokens was network fees that are not comparable to other blockchain networks. As for the projects that followed, we cannot deny that the hype and large trading volume that the network witnessed were... The factor that prompted them to choose Solana Network.
According to CoinMarketCap, the trading volume on decentralized platforms affiliated with the Solana network in the last 24 hours reached $1.16 billion, surpassing competing networks.
Due to the length of the text, the rest will be on our Twitter account
