🚀 Solana: The next leader in the crypto market?
According to the latest research report, Franklin Templeton released a report on Solana, believing that Solana is expected to continue to grow in the cryptocurrency market and consolidate its position as the third largest crypto asset after Bitcoin and Ethereum. Solana crypto activity began to grow rapidly in the fourth quarter of 2023, and airdrops within its ecosystem created a wealth effect of more than $1 billion, driving the rise of SOL and other ecosystem tokens, especially Meme coins.
The report pointed out that Solana may bring the next wave of adoption and play an important role in several areas, including DePIN, payments (especially micropayments), compressed NFTs, xNFTs, and CLOB (centralized limit order book)/order flow payment. To solve the congestion problem caused by high demand, Solana will launch the validator client Firedancer developed by Jump Crypto later this year, which will become an important catalyst for the further development of the Solana ecosystem.
