💥🚀SOLANA: BOOM IN VOLUMES - CRYPTO HAS NEVER BEEN THIS HIGH SINCE...
These are the data collected by The Block and which we have independently verified and which indeed correspond to the truth. But what is behind this large increase in volumes? Not only the price boom of $SOL, but also the resurgence of BONK and other meme tokens that have chosen SOL, such as WIF.
It's not just a question of price. The data on transaction volumes on Solana speak of an ecosystem that seems to be reborn, not without a lot of help from the meme sector. Yes, Bonk is at the center of what has been happening for some time now. Just as the rest of the meme world is behind it, which seems to have found a sort of second youth on $SOL.
👉Are these positive signs? The markets will certainly decide, but during the year that has just ended they have already rewarded $SOL with the most explosive growth at least three cryptocurrencies with a good market capitalization.
a good moment for $SOL which will however have to be confirmed by the stability of these volumes, which in terms of value moved on chain are the highest since 2022, a period which was certainly different, and now ideally more than a few geological eras away.
A lot of data arrives, and it is all more than interesting for Solana. The first is the average calculated over 7 days of the values that have been moved on the Solana chain. These are incredibly high figures at least compared to what was done in this ecosystem until some time ago.
They are obviously SOL-USC and then USDT-USDC, followed by SOL-USDT. And then, as expected, the couples that include Bonk and WIF, the real star performers of this particular Solana period. A period that has made the cryptocurrency linked to the network earn more than Bitcoin, which is also in the midst of a very important race and which is driven by the arrival of the Bitcoin Spot ETF, for which we are now on the verge of running out.
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