#SOL
"An earthquake in the cryptocurrency circle! A big guy unlocked 200,000 SOL in three days, and Binance welcomed a huge amount of funds again!"
According to on-chain data tracking, a "big player" unlocked 200,000 SOL (equivalent to 29.8 million US dollars) in the past three days, and quickly transferred it to Binance through the address AgsY...H9Hs. Interestingly, this "big player" has sold 1.2 million SOL (a total of about 178 million US dollars) in the month from early June to early July. This move caused the SOL coin price to fall from 170 US dollars to 128 US dollars.
However, Solana (SOL) has taught Ethereum (ETH) a lesson in terms of trading activity, user participation and transaction costs. Its transaction volume has soared, more than 30 times higher than Ethereum; the number of active users every day is also several times that of Ethereum, 13 times more; not to mention the much more affordable transaction fees.
Although Ethereum is still the leader in the "total locked value", accounting for 56% of the share, and Solana only has 6%, market expert Market Vector said: If Solana can continue to be so popular, it is not a dream for its market value to reach half of Ethereum. In this way, the price of SOL will be very interesting, and it will go directly to $330.
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