Solana’s Scorching Rally Shows Ethereum Has a Serious Competitor
Solana co-founder Anatoly Yakovenko. (Danny Nelson/CoinDesk)
Binary trading platforms with better performance and payouts
Solana
Solana co-founder Anatoly Yakovenko. (Danny Nelson/CoinDesk)
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.
Memecoin traders and airdrop farmers are bringing more attention to Solana.
Value locked on the blockchain’s applications has more than doubled since November.
Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.
Saga phone (Danny Nelson/CoinDesk)
New users are pouring into Helium’s low-cost phone plan. Some are more interested in the MOBILE token rewards than the cell service.
The sealed and unopened phone boxes contain an airdrop of 30 million bonk (BONK) tokens, which has seemingly revived dismal Saga sales.
FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.
Solana’s Sage phone is seeing a surge in sales on the backs of arbitrage traders chasing a lucrative BONK payout.