Solana Ecosystem Coins Has The Highest Growth This Year

CoinmarktCap, the famous crypto tracking website, has recently released the CMC 2024 H1 report, highlighting the highest growth of the Solana ecosystem in terms of new tokens additions in Q2, where more than 20 tokens have been listening on the network because of its high demand in the market. The number is much higher for the year-to-date (YTD) as there are more than 147 listings till now. The popularity grew heavily with the Solana meme coins listing, whose high-profit actions have attracted other projects on the network. Solana has beaten the Ethereum ecosystem and many other popular works in token listing. But compared to the March network, the listing has declined in Q2, where many even got delisted. CMC 2024 H1 report has also clarified the position of the meme coins as these were the best performing Solana Ecosystem Coins. It is because the retail investors preferred the instant gains over the rest, hinting at the anti-establishment sentiments. More importantly, the tracking site compared the meme coins trading with casinos as the user prefers gambling with high-risk assets more than betting on traditional projects.As per the CoinmarketCap website data, Popcat, MAGA, and dogwifhat are the three best-performing Solana ecosystem coins.

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