Here are ten popular projects built on Solana, many of which have tokens priced under $1. These projects leverage Solana’s fast transaction speeds and low fees, and they’re attracting attention for their potential in the next bull market:
1. Star Atlas (ATLAS) - A blockchain-based metaverse game set in space, where players explore, trade, and battle in a virtual galaxy, combining DeFi and NFTs.
2. Serum (SRM) - A decentralized exchange (DEX) on Solana, Serum offers fast, low-cost trading and cross-chain support, focusing on derivatives and DeFi products.
3. Raydium (RAY) - A decentralized exchange and automated market maker (AMM) that provides liquidity for Solana’s DeFi ecosystem, integrating with Serum’s order book.
4. Mango Markets (MNGO) - A decentralized trading platform providing spot margin and derivatives trading, along with lending and borrowing.
5. Bonfida (FIDA) - An all-in-one Solana ecosystem hub, Bonfida offers a decentralized exchange, analytics, and API solutions, popular among traders and developers.
6. Aurory (AURY) - A play-to-earn, role-playing game on Solana with an NFT-based ecosystem, where players can earn AURY tokens through gameplay and exploration.7. Orca (ORCA) - Orca is an AMM and decentralized exchange (DEX) focusing on user-friendliness and low transaction fees, serving as an entry point for Solana’s DeFi space
8. Solanium (SLIM) - A decentralized fundraising and launchpad platform on Solana, Solanium allows users to participate in initial DEX offerings (IDOs).9. Port Finance (PORT) - A money market protocol on Solana offering lending and borrowing services with variable interest rates, supporting leveraged trading.
10. Saber (SBR) - A cross-chain stablecoin exchange and liquidity platform on Solana, Saber enables the trading of pegged assets like stablecoins with minimal slippage
These projects illustrate Solana’s potential for gaming, DeFi, and cross-chain functionalities. Be sure to evaluate each project’s roadmap, development activity, and adoption before investing, as Solana projects may offer high potential .