Atlas, a project that aims to
integrate the speed of Solana with the security of Ethereum, is making waves in the crypto community. Solana has seen a lot of growth lately, recording its
highest daily active addresses ever. The demand for
Solana is being confirmed by various predictions, including a bullish
Solana Price Prediction for 2024 by Bitcoinist and speculative whispers about a possible
62% surge before its forthcoming Breakpoint Event. The
Solana Foundation's former VP of marketing has been poached by ZKsync developer
Matter Labs, adding to Solana's robust development environment.
Huma Finance is planning expansion to Solana after securing a
$38M investment. In the entertainment field,
Photo Finish Live announced the Solana Derby, reshaping how we envision the future of sports spectating.
Solana's memes coins like DOGEN are also making a significant impact on the market. However, a shift in the industry has been spotted towards Play2Earn meme coins. Solana whales made considerable investments recently, indicating the belief in Solana's future price movements and in new AI social-Fi crypto coins. Meanwhile, a new challenge surfaces as
GoodEgg, a meme hybrid coin built on the social scoring system, attracts investors away from Solana. Despite the competition and market volatility, Solana sees optimistic projections, given the anticipation of positive outcomes from its Breakpoint conference, ongoing growth in Solana DEX trading volumes, and increasing institutional investors' interest amidst market outflows into Bitcoin and Ethereum.
Solana News Analytics from Mon, 02 Sep 2024 07:00:00 GMT to Thu, 12 Sep 2024 00:00:43 GMT -
Rating 8
- Innovation 9
- Information 6
- Rumor 7
