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Solana is taking the lead in transactions in the crypto world, surpassing giants like Ethereum and Layer-2. With a volume of $1.6 billion in 24 hours, the future of the SOL crypto asset looks more promising than ever.
Solana overtakes Ethereum in transaction volume
Solana records according to the data higher transaction volume to the Ethereum solution and its layer 2 solutions (especially Arbitrum and Optimism). This speaks to the high demand for the Solana crypto network.
WITH in a volume of over 1.6 billion dollars indeed, Solana far exceeds Ethereum’s $751 million. Of course, Layer-2 platforms like Base and Arbitrum saw growth of 22% and 47%, respectively. However, they remain well below Solano’s performance.
Solana, the growing crypto ecosystem
PUSH the rise of Solana it is also associated with increased activity on the channel. Recently, the crypto network has really seen a surge of users thanks to the launch of new projects like Pump.fun. This is a portal dedicated to professional traders.
This initiative strongly stimulated activity and created a increased demand for SOL crypto tokens. Therefore, investors are convinced that the price of Solana could soon reach the symbolic level of $200. This break above the September highs appears to be the starting point for a broader rally.
A promising future for crypto Solana?
With an ever-increasing transaction volume and innovative projects in development, Solana could continue challenge the big names in cryptocurrency like Ethereum and BNB Chain.
The platform is also benefiting from growing adoption, especially in the context of the bull market dubbed “Uptober”. If this trend continues, the SOL crypto asset could reach new heightsthereby consolidating its position among the leaders of the blockchain ecosystem.
One thing is certain: Solana is increasingly establishing itself as a key player in the crypto ecosystem. Its dynamism in the crypto market and growing investor interest make it a project to watch closely.
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My name is Ariela and I am 31 years old. I have been working in the field of web development for 7 years. I only discovered trading and cryptocurrencies a few years ago. But it’s the universe that interests me a lot. And the topics covered within the platform allow me to learn more. A singer in my spare time, I also have a great passion for music and reading (and animals!)
DISCLAIMER OF LIABILITY
The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.