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RoYoK
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Bullish
📆 2024: The year of Solana's resurgence 🌟
After falling in the crypto winter of 2022, Solana has re-emerged in 2024 with significant increases in user activity and other aspects.
✨️ 2024 has been like the year of the phoenix for Solana (SOL). The cryptocurrency has managed to re-emerge since the crypto winter of 2022, achieving significant increases in user activity and other key aspects according to Logan Hitchcock at Decrypt.
“Chewing glass is in our DNA and we will get through this together,” Solana co-founder Anatoly Yakovenko posted on X during the winter of 2022. With the price of its native token, SOL, up nearly 200% over the past year, Solana now ranks as the fifth-largest cryptocurrency by market cap as increased regulatory clarity and ETF speculation have Solana enthusiasts hoping for even more in the near future.
🟣 Once trading at just $8 after the FTX crash in late 2022, Solana has staged an extraordinary recovery, gaining over 275% this year and briefly hitting a new all-time high.
🙌 Dismissed by some as a victim of crypto winter, Solana’s recovery shows the resilience of its ecosystem, which co-founder of layer-1 competitor Ethereum Vitalik Buterin once applauded.
#Solana $SOL
After falling in the crypto winter of 2022, Solana has re-emerged in 2024 with significant increases in user activity and other aspects.
✨️ 2024 has been like the year of the phoenix for Solana (SOL). The cryptocurrency has managed to re-emerge since the crypto winter of 2022, achieving significant increases in user activity and other key aspects according to Logan Hitchcock at Decrypt.
“Chewing glass is in our DNA and we will get through this together,” Solana co-founder Anatoly Yakovenko posted on X during the winter of 2022. With the price of its native token, SOL, up nearly 200% over the past year, Solana now ranks as the fifth-largest cryptocurrency by market cap as increased regulatory clarity and ETF speculation have Solana enthusiasts hoping for even more in the near future.
🟣 Once trading at just $8 after the FTX crash in late 2022, Solana has staged an extraordinary recovery, gaining over 275% this year and briefly hitting a new all-time high.
🙌 Dismissed by some as a victim of crypto winter, Solana’s recovery shows the resilience of its ecosystem, which co-founder of layer-1 competitor Ethereum Vitalik Buterin once applauded.
#Solana $SOL
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