🚀Solana is the most popular altcoin in LATAM since the beginning of 2024
🔔Bitso presented a complete overview of cryptocurrency investments in Latin America during the first half of 2024. The report reveals interesting data on user preferences.
The most recent report from the Bitso Exchange entitled “Crypto Panorama in Latin America: First Half 2024 Report”, showed the composition of its users' portfolios within Mexico, Colombia, Brazil and Argentina, highlighting some interesting data on user preferences.
Solana also had an increase in purchase preferenceLikewise, Bitso concluded that its analysis of the data revealed a general increase in preference for Solana, especially in the markets of Argentina, Colombia and Mexico, where an increase in preference was shown that went from 2% to 3% among Argentine users and from 3% to 4% among Colombian and Mexican users. In the case of Brazil, it was reported that the preference remained at the same 4% that it had since last year.
High transaction speed and memecoins, reasons behind Solana's popularityThe exchange claims that Solana's growing popularity in Latin America is due to its "high transaction speed and low commissions," which has led Latin American users to consider it an ecosystem in constant expansion that positions it, according to the exchange, as an "efficient and promising investment."
Likewise, the exchange reported that the growing interest in memecoins within the markets has helped Solana and its ecosystem to also become very popular.
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