Solana Takes ‘Lion’s Share’ in Top 10 Crypto YTD Performance — SOL Eyeing $3,000 Price by 2030

Solana Takes ‘Lion’s Share’ in Top 10 Crypto YTD Performance — SOL Eyeing $3,000 Price by 2030
фото показано с : zycrypto.com

2023-11-2 00:46

As a green picture continues to be painted in the crypto market, Solana (SOL) is stamping its authority in the digital asset space as the coin with the highest year-to-date gain.

According to CoinGecko, SOL leads the pack with a 214% YTD increase in the top ten crypto list, with Bitcoin (BTC) and Chainlink (LINK) taking the second and third spots, respectively.

Source: CoinGecko

As the seventh largest cryptocurrency based on market cap, SOL has enjoyed bullish momentum as more investors continue jumping on the Solana bandwagon.

For instance, investment products on the Solana network experienced a 74.1% increase in October 2023 after hitting a whopping $140 million, according to CCData.

Source: CCData

The total value locked (TVL) on Solana’s decentralized finance (DeFi) market has been experiencing a notable surge, based on DefiLlama data.

Source: DefiLlama

DefiLlama highlighted that the TVL on the Solana blockchain has scaled heights after hitting $378 million. Notably, Solana’s TVL had nosedived to lows of $210 million this year, representing an 80% surge.

TVL depicts the dollar value of crypto assets embedded in smart contracts. Therefore, a rise in Solana’s TVL is bullish, given that it depicts heightened investor confidence about the protocol’s future.

Furthermore, TVL slashes the available supply, meaning that Solana is experiencing low selling pressure.

Is Solana Eyeing the $3,000 Level by 2030?

If Solana’s user base hits 100 million, leading crypto asset management company VanEck believes SOL could skyrocket to $3,211, representing a 10,000% surge.

Nevertheless, VanEck highlighted that a bearish scenario could see Solana trade below the psychological price of $10.

Therefore, based on this prediction, VanEck expects Solana to become the first blockchain to be able to hold at least 100 million users.

Solana continues to make airwaves in the crypto space thanks to various sector developments, such as decentralized finance.

For instance, leading asset manager Coinshares recently highlighted that SOL was the most preferred altcoin based on soaring inflows, as reported by ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Solana (SOL) на Currencies.ru

$ 241.65 (-0.34%)
Объем 24H $7.362b
Изменеия 24h: 2.29 %, 7d: 12.06 %
Cегодня L: $231.25 - H: $243.22
Капитализация $114.686b Rank 4
Доступно / Всего 474.6m SOL

solana crypto sol highest market year-to-date painted

Источник: zycrypto.com

solana crypto → Результатов: 126


Фото:

Experts recommend investing $500 in this undervalued crypto over XRP or Solana for quick 3,300% ROI

As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period. According to analysts, Rexas Finance, […]

2024-9-19 18:31


Searching for the Next BONK? Crypto Analyst Unveils Solana Token Dashboard

Crypto influencer Crypto Koryo, who has over 30,000 Twitter followers, unveiled a new dashboard for tracking promising new Solana tokens in search of the next BONK-like explosion. With the massive 1700% pump in meme token BONK prompting investors to hunt for the next 1000x altcoin, Koryo believes there is big potential in lesser-known Solana tokens.

2023-12-21 21:00


Фото:

Bitboy Crypto: «Экосистему Solana покинут еще больше проектов»

Платформа NFT DeGods и проект y00ts сообщили о переходе с блокчейна Solana на альтернативные сети. Владелец YouTube-канала Bitboy Crypto считает, что экосистема Solana уже мертва.

2022-12-28 17:07


Jump Crypto разработает новый клиент для Solana

Solana Foundation и венчурная фирма Jump Crypto объединили усилия для создания клиента-валидатора для повышения децентрализации и производительности блокчейна Solana. Firedancer is now 🔥💃 We’re excited about the opportunity to help scale the Solana network by engaging our strong-arm in research and development.

2022-8-17 13:10


Crypto-margin trading platform Evolve lists LINK, DOGE, SOL, BNB & DOT

Evolve Markets, a bitcoin and cryptocurrency denominated margin trading platform, today announced it has added five new crypto trading markets with the listing of LINK, DOGE, SOL, BNB, and DOT. The following markets are now listed in the crypto orderbook on Evolve Markets: Chainlink (LINK-USD) Dogecoin (DOGE-USD) Solana (SOL-USD) Binance (BNB-USD) Polkadot (DOT-USD) Trading Specifications […] The post Crypto-margin trading platform Evolve lists LINK, DOGE, SOL, BNB & DOT appeared first on CryptoNinjas.

2021-10-13 00:02


Citadel Founder Says Regulating Crypto Will Make It “A Smaller Market” And “That’ll Be Good”

The billionaire's Wellington hedge fund beat S&P 500’s 16% return by a mere 2.5% this year through September while Bitcoin rose 68%, Ethereum 363%, Solana 8914%, and Dogecoin 4055% YTD. The post Citadel Founder Says Regulating Crypto Will Make It “A Smaller Market” And “That’ll Be Good” first appeared on BitcoinExchangeGuide.

2021-10-5 19:33


FTX marketplace to support famous Solana NFT projects

Leading crypto derivatives exchange FTX tweets about plans to support famous Solana NFT projects, such as Degen Ape Academy, Aurory, Thugbirdz, and Solana Monkey Business. FTX recently announced via a cryptic tweet, that it is now supporting an array of Solana NFT projects on its cross-chain NFT marketplace, including Degen Ape Academy, a collection of … Continued The post FTX marketplace to support famous Solana NFT projects appeared first on BeInCrypto.

2021-10-2 14:26


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Solana’s Bullish Comeback Sparks Buzz With 2,500% Surge Projection

Is Solana crypto ripe for a possible huge price rally? Some market analysts believe it does, seeing that the crypto is moving in a favorable pattern. Investors and traders are now paying attention to Solana after an impressive comeback, allowing the digital currency to once again hit a two-month high.

Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130

Solana is now trading around a critical support level after experiencing a 15% decline from its local highs at $162. 36. While Solana has shown relative strength compared to other altcoins, the recent price action has introduced heightened volatility and potential risks for investors.

Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge

Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Santiment, Bitcoin has seen its Open Interest plunge after the pullback in its price.

Solana Set For “A Major 53% Price Move,” Analyst Reveals Why

An analyst has explained how Solana could be setting up for a major 53% move based on a Symmetrical Triangle pattern forming in its price chart. Solana Has Been Travelling Inside A Symmetrical Triangle Recently In a new post on X, analyst Ali Martinez discussed a pattern that has recently taken shape in Solana’s daily price chart.

Solana & Bitcoin Sentiment Still Remains Bearish: Signal To Buy More?

Data suggests the market sentiment around Solana (SOL) and Bitcoin (BTC) is negative currently, something that could benefit their prices. Crowd Bearish About Solana & Bitcoin While Ethereum Gets All The Hype As explained by the on-chain analytics firm Santiment in a post on X, investors have still not become bullish about Bitcoin and Solana […]

Solana & Other Top Coins Lose Trading Volume, Market Interest Down?

On-chain data shows Solana and other top cryptocurrencies have seen a decline in trading volume recently. Here’s what this says about the market. Solana, Bitcoin, And Ethereum Trading Volumes Have Declined Over Past Month According to data from the on-chain analytics firm Santiment, the cryptocurrency market’s trading volume has been declining since its peak in […]