5 Solana-Based Crypto to Buy as Markets Rebound

1. Jupiter (JUP)

Jupiter is a prominent liquidity aggregator on the Solana blockchain. It offers a wide range of token options and superior path-finding capabilities for token swaps. The recent launch of the Jupiter Work Groups (JWG) program has boosted community collaboration. JUP has increased in value by 27% over the past week. It is currently priced at $0.7864, with a market cap of $1 billion, ranking 66th on CoinMarketCap.

2. Pyth Network (PYTH)

Pyth Network is a leading oracle network that supplies real-time financial data to decentralized applications. It operates across more than 40 blockchain platforms and offers over 380 price feeds. Major industry players contribute to its reliability. The Pyth token is currently priced at $0.302301, marking a 1.28% increase in the last 24 hours, with a market cap of approximately $1 billion, ranking 65th on CoinMarketCap.

3. Myro (MYRO)

Myro is a notable meme coin within the Solana network, linked to a pet project from Solana’s founder. Its price surged by 1500% in January 2024 due to a strong online campaign. Myro is currently valued at $1.06, with a daily trading volume of $20 million and a market cap of $100 million, ranking 345th on CoinMarketCap.

4. Book of Memes (BOME)

Book of Memes combines meme-based content with decentralized storage and trading functionalities on the Solana blockchain. BOME experienced a modest price increase of 2% over the last month. It is currently trading at $0.007797 with a market cap of $537 million, ranking 110th on CoinMarketCap.

5. Raydium (RAY)

Raydium is an automated market maker on the Solana network. It integrates with the Serum decentralized exchange to enhance trading. This strategy benefits liquidity providers with access to broader trading flows. Raydium is priced at $1.76, with a daily trading activity of $17 million and a market cap of $464 million, ranking 119th on CoinMarketCap. Over the past year, Raydium has seen a 789% increase in value.