As of January 2, 2025, Solana ($SOL ) is trading at $208.11, up 9.6% from its previous close 🚀📈.
1. Solana “Chapter 2” Smartphone Pre-Orders 📱: The new blockchain-enabled smartphone Solana has already collected over 60,000 pre-orders three weeks before the start of sales.
2. Record dApps Revenue on Solana 💰: In November 2024, decentralized applications on Solana set a new record by generating $365 million, confirming the growing popularity of the ecosystem.
3. Pump.fun Platform Issues ⚠️: Powered by Solana, this platform has been criticized for its questionable advertising practices as well as restrictions for UK users.
4. Solana Growth Predictions 📈: Analysts predict that Solana could grow by over 2600% to reach $4500 if the cup and handle pattern is realized.
5. Risks ⚡: Solana continues to face security threats, including crypto wallet hacks, as well as competition from other blockchains.
📉 SEC Impact: The lawsuit against Coinbase raised questions about whether Solana is a security, which had an impact on the cryptocurrency's price.
🔗 Visa Partnership: Solana partners with Visa to support payments using the USD Coin (USDC) stablecoin.
Conclusion: Despite the challenges, Solana continues to attract the attention of both investors and developers and has significant potential for future growth.
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⏳👉$SOL