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đSolana is one of the top performing cryptocurrencies in 2024
According to Cointelegraph, the cryptocurrency closed the first half of the year with a 30.5% increase, driven by rising trading volumes and new developments in the DeFi ecosystemSolana (SOL) has been a standout in price performance and amid market developments, according to a report by Binance Research.
This year alone, the asset has risen by more than 42%, one of the best results among the top ten trading coins, according to CoinMarketCap.
Solana is a high-performance third-generation blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. Like Ethereum Layer 1, it is a multi-functional blockchain capable of supporting a wide range of functionalities and smart contracts in a diverse ecosystem of decentralized applications.
Thanks to innovations such as proof-of-history and parallelization, Solana can process transactions much faster and more cheaply than Bitcoin or Ethereum layer-1 blockchains. This makes this blockchain a high-performance network, with block times of 400ms and tens of thousands of TPS, compared to Bitcoin and Ethereum block times of about 10 minutes and 15 seconds, respectively.
Furthermore, Solanaâs performance was boosted by the significant increase in trading volumes on decentralized exchanges (DEX), which grew by 42.2% in July to a total of $54.6 billion. The move was largely driven by the growing interest in trading meme coins.
âFurthermore, the Solana ecosystem continued to expand with an average of 1.7 million daily active addresses and an 18.2% increase in daily transactions, which reached 1.3 million,â the Binance report highlighted.
#Solanaâ© #Solanađ #SOLđ„đ„đ„đ„ $SOL #Binance
$JUP
$JTO
According to Cointelegraph, the cryptocurrency closed the first half of the year with a 30.5% increase, driven by rising trading volumes and new developments in the DeFi ecosystemSolana (SOL) has been a standout in price performance and amid market developments, according to a report by Binance Research.
This year alone, the asset has risen by more than 42%, one of the best results among the top ten trading coins, according to CoinMarketCap.
Solana is a high-performance third-generation blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. Like Ethereum Layer 1, it is a multi-functional blockchain capable of supporting a wide range of functionalities and smart contracts in a diverse ecosystem of decentralized applications.
Thanks to innovations such as proof-of-history and parallelization, Solana can process transactions much faster and more cheaply than Bitcoin or Ethereum layer-1 blockchains. This makes this blockchain a high-performance network, with block times of 400ms and tens of thousands of TPS, compared to Bitcoin and Ethereum block times of about 10 minutes and 15 seconds, respectively.
Furthermore, Solanaâs performance was boosted by the significant increase in trading volumes on decentralized exchanges (DEX), which grew by 42.2% in July to a total of $54.6 billion. The move was largely driven by the growing interest in trading meme coins.
âFurthermore, the Solana ecosystem continued to expand with an average of 1.7 million daily active addresses and an 18.2% increase in daily transactions, which reached 1.3 million,â the Binance report highlighted.
#Solanaâ© #Solanađ #SOLđ„đ„đ„đ„ $SOL #Binance
$JUP
$JTO
#BTCđ„đ„đ„đ„ SSTitle: Dive into Crypto Market Trends: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON Analysis
Get ready to ride the waves of the crypto market with insights into the top 10 cryptocurrencies! BTC recently dipped below $61,000, causing some turbulence, but expert opinions suggest this might just be a temporary correction, not the end of the bullish ride.
MicroStrategy, a major Bitcoin holder, isn't losing faith, recently acquiring more BTC. Meanwhile, other altcoins like ETH, BNB, and SOL are experiencing their own twists and turns.
ETH's struggle to maintain momentum above $3,550 led to a sell-off, while BNB's pullback tested the $500 mark. SOL's rally above $205 faced resistance, hinting at short-term profit-taking.
XRP is wrestling within a wide range, ADA is eyeing support at $0.57, and DOGE encountered resistance at $0.16. AVAX saw profit booking around $50, while SHIB aims to hold at $0.000023.
TON showcased resilience around $4.15, signaling potential for further gains. Dive deeper into each coin's analysis to navigate the crypto seas with confidence! Remember, always conduct thorough research before investing.#HotTrends #ETHFIâ© #Cryptoguider1 #SOLđ„đ„đ„đ„
Get ready to ride the waves of the crypto market with insights into the top 10 cryptocurrencies! BTC recently dipped below $61,000, causing some turbulence, but expert opinions suggest this might just be a temporary correction, not the end of the bullish ride.
MicroStrategy, a major Bitcoin holder, isn't losing faith, recently acquiring more BTC. Meanwhile, other altcoins like ETH, BNB, and SOL are experiencing their own twists and turns.
ETH's struggle to maintain momentum above $3,550 led to a sell-off, while BNB's pullback tested the $500 mark. SOL's rally above $205 faced resistance, hinting at short-term profit-taking.
XRP is wrestling within a wide range, ADA is eyeing support at $0.57, and DOGE encountered resistance at $0.16. AVAX saw profit booking around $50, while SHIB aims to hold at $0.000023.
TON showcased resilience around $4.15, signaling potential for further gains. Dive deeper into each coin's analysis to navigate the crypto seas with confidence! Remember, always conduct thorough research before investing.#HotTrends #ETHFIâ© #Cryptoguider1 #SOLđ„đ„đ„đ„
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The cryptocurrency industry report for the first quarter of 2024 released by CoinGecko shows that:
The total market value of cryptocurrencies increased by 65% ââin the first quarter, reaching a high of $2.9 trillion in March;
Driven by the approval of the US spot Bitcoin ETF, the price of Bitcoin soared by 69% in the first quarter, with an average daily trading volume of $34.1 billion, a 90% increase from the fourth quarter of 2023; as of April 2, the assets under management of the US spot Bitcoin ETF reached $55.1 billion;
The spot trading volume of centralized exchanges (CEX) reached $4.29 trillion, This is the highest quarterly trading volume of the top ten centralized exchanges since December 2021; As of March 2024, Binance's market share is 50%;
The scale of Ethereum re-staking on EigenLayer increased by 36%; The total market value of Meme coins on the top ten Solana chains increased by 802% to US$9.36 billion;
NFT trading volume reached US$4.7 billion, of which Blur accounted for 28%;
The share of DEX transactions on the Ethereum chain fell below 40%, of which in February, the indicator fell to a historical low of 30%.
#BTCđ„đ„đ„đ„đ„đ„ $BTC $ETH #ETHđ„đ„đ„ #SOLđ„đ„đ„đ„ $SOL #Meme
The total market value of cryptocurrencies increased by 65% ââin the first quarter, reaching a high of $2.9 trillion in March;
Driven by the approval of the US spot Bitcoin ETF, the price of Bitcoin soared by 69% in the first quarter, with an average daily trading volume of $34.1 billion, a 90% increase from the fourth quarter of 2023; as of April 2, the assets under management of the US spot Bitcoin ETF reached $55.1 billion;
The spot trading volume of centralized exchanges (CEX) reached $4.29 trillion, This is the highest quarterly trading volume of the top ten centralized exchanges since December 2021; As of March 2024, Binance's market share is 50%;
The scale of Ethereum re-staking on EigenLayer increased by 36%; The total market value of Meme coins on the top ten Solana chains increased by 802% to US$9.36 billion;
NFT trading volume reached US$4.7 billion, of which Blur accounted for 28%;
The share of DEX transactions on the Ethereum chain fell below 40%, of which in February, the indicator fell to a historical low of 30%.
#BTCđ„đ„đ„đ„đ„đ„ $BTC $ETH #ETHđ„đ„đ„ #SOLđ„đ„đ„đ„ $SOL #Meme
$SOL
As my previous prediction, i told that #SOLđ„đ„đ„đ„ will close 180-185u this month. so now #Solanaâ© is 182u hope it will dump upto 167. then 180-185 will close monthly candle. #Solanaâ© will pump (260-280u) again in April. hope it will reach ATH. After touch ATH selling pressure will high, #Solanaâ© will go dip as low as 30. So before investment, please Research yourself.Thanks
As my previous prediction, i told that #SOLđ„đ„đ„đ„ will close 180-185u this month. so now #Solanaâ© is 182u hope it will dump upto 167. then 180-185 will close monthly candle. #Solanaâ© will pump (260-280u) again in April. hope it will reach ATH. After touch ATH selling pressure will high, #Solanaâ© will go dip as low as 30. So before investment, please Research yourself.Thanks
So in my previous post I informed my friends and family not to involved in any stupid paid groups , always study and research before you invest it ,,
So many asked me what to do,, so my advice for you all is to HODL and never sell it in lost,,
It is just the correction and the market will obviously go up soon,,
Always be patience in crypto, this is how you have to keep yourself away from lost,,
Thanks for supporting
#HotTrends #SOLđ„đ„đ„đ„ #btc #SLERF #ETH
So many asked me what to do,, so my advice for you all is to HODL and never sell it in lost,,
It is just the correction and the market will obviously go up soon,,
Always be patience in crypto, this is how you have to keep yourself away from lost,,
Thanks for supporting
#HotTrends #SOLđ„đ„đ„đ„ #btc #SLERF #ETH
Hello dears help me find out whether the following mining option for Solana $SOL is working by my referal. All those who join as my referal and post it here will be rewarded.
Solana now is flying high and so let us also make some progress. copy and paste below link to your browser and give your solana wallet address to receive. As per them once you reach 1.9 and 5 valid referals you can withdraw. Don't try to login several times from the same IP as it will block your progress.
Come on join now and let's find out if this works fine.
www.solminer.co/?r=85gCj5sVoWv2j65kKPhdXxJ5FzeLSZGGgXHtL4DpcbLy
#SOLđ„đ„đ„đ„ #TrendingCryptos #trendytopics #earnfree
Solana now is flying high and so let us also make some progress. copy and paste below link to your browser and give your solana wallet address to receive. As per them once you reach 1.9 and 5 valid referals you can withdraw. Don't try to login several times from the same IP as it will block your progress.
Come on join now and let's find out if this works fine.
www.solminer.co/?r=85gCj5sVoWv2j65kKPhdXxJ5FzeLSZGGgXHtL4DpcbLy
#SOLđ„đ„đ„đ„ #TrendingCryptos #trendytopics #earnfree
CHANGING MARKET STRUCTURE !!!đđđ
The past few days the market has been having a change of structure and multiple pairs have been dropping. No one can tell how low it will go meaning that you should check your trades and have a exit strategy so you are not stuck on a bias even when the market is showing you signs to close. And itâs also not advisable to have your capital tied up causing you u miss out on potential opportunities.
While all this is happening I have my eyes on $SOL I see potential to the downside.
#HotTrends #BNBChain #SOLđ„đ„đ„đ„ #BTCđ„đ„đ„đ„
The past few days the market has been having a change of structure and multiple pairs have been dropping. No one can tell how low it will go meaning that you should check your trades and have a exit strategy so you are not stuck on a bias even when the market is showing you signs to close. And itâs also not advisable to have your capital tied up causing you u miss out on potential opportunities.
While all this is happening I have my eyes on $SOL I see potential to the downside.
#HotTrends #BNBChain #SOLđ„đ„đ„đ„ #BTCđ„đ„đ„đ„
THE NEXT BIG THING!!!!!
100 Million Coin Pre-Launch Airdrop!
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#HotTrends #Solanađ #sol #SolanaMemeCoin #SOLđ„đ„đ„đ„ $SOL
100 Million Coin Pre-Launch Airdrop!
Secure your spot among the stars and be one of the lucky pioneers to share in this colossal cosmic treasure.
https://www.galacticpepe.com/?referralCode=7e7alo5&refSource=copy
Code: 7e7alo5
#HotTrends #Solanađ #sol #SolanaMemeCoin #SOLđ„đ„đ„đ„ $SOL
#BTCđ„đ„đ„đ„
#Ethereumâ
#SOLđ„đ„đ„đ„
GET FREE COIN
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#Ethereumâ
#SOLđ„đ„đ„đ„
GET FREE COIN
đđđđđ
BP46Y31EQI
ENJOY
What is the one coin you hold for a long time now? đ±đ±
Did you get the result you expected? đđ€
Mine was #SOLđ„đ„đ„đ„
Please leave a comment with your experience by holding a one coin for a long time. It will help many people to understand long term concept. đ€đ€đ€
$BTC $SOL $ETH
Did you get the result you expected? đđ€
Mine was #SOLđ„đ„đ„đ„
Please leave a comment with your experience by holding a one coin for a long time. It will help many people to understand long term concept. đ€đ€đ€
$BTC $SOL $ETH