The Solana blockchain, on which the Sealana currency was built, has overtaken Ethereum to become the preferred blockchain for launching the largest new meme currencies. Even as Bitcoin (BTC) declined by 10% to nearly $57,000 following large sales, meme currencies witnessed... Solana noticeably high; For example, the price of Popcat (POPCAT) rose by 45% in seven days, while Solama (SOLAMA) rose by 25% overnight. Solana blockchain coins inspired by Dogecoin - such as DogWifHat (WIF) and Bonk (BONK) - maintained their performance. Better than its competitors
In addition, Solana's base coin, SOL, is witnessing a rapid recovery, rising by 10%, outperforming the two market leaders - Bitcoin (BTC) and Ethereum (ETH) - and proving the growth and recovery potential of the largest technical system on this blockchain.
The reasons for this growth are no secret, as Solana represents a digital economy with a total locked value (TVL) of $3.637 billion across many applications and financial services, with more than a million daily active users and more than 2,500 monthly active developers.
The launch of Sealana comes on the heels of the highly successful IPO of another meme on the Solana blockchain, Slothana (SLOTH), which depicts a sloth greedy for a life of comfort, and which raised a staggering $15 million in subscription.
