Global #Solana

After reaching $175 on May 18th, Solana (SOL) experienced a price correction that led to a decrease in its value. Does this indicate a likelihood of SOL declining further in the upcoming days?

Solana has emerged as the frontrunner among major blockchains, demonstrating remarkable speed by handling an astounding 91 million transactions within a single day.

Bitcoin (BTC) has seen a rise of over 8% this week, indicating continued interest from buyers even at lower price levels.

Competition for the title of the fastest blockchain transaction processing speeds is intensifying, with Solana (SOL) emerging as a frontrunner according to a recent report by crypto data aggregator CoinGecko.

According to data from TradingView, PEPE has experienced a significant 21% growth over the past few days, pushing its value to the $0.00001 mark and setting its sights on surpassing its previous all-time high.

Investors could see significant returns if Gambling Cat (GAMBCAT) achieves widespread adoption similar to Shiba Inu (SHIB) and Dogecoin (DOGE).

Since the start of April, the creation of new tokens has surged, surpassing a million in total, with over 370,000 appearing on Ethereum, largely attributed to activity on Coinbase's Layer 2 network, Base.

Solana achieved a significant milestone on May 12 by generating more Total Economic Value (TEV) in a single day than Ethereum, marking the first instance of Solana surpassing Ethereum in this metric.

Robinhood's European cryptocurrency branch has introduced Solana staking, allowing users to earn approximately 5% APY (annual percentage yield) at launch, as stated by Johann Kerbrat, the general manager of Robinhood Crypto, in an interview with Blockworks.

Since the beginning of April, there has been a surge in the creation of new tokens, surpassing 1 million in total. Ethereum saw over 370,000 new tokens emerge, while Solana witnessed the launch of over 640,000 new tokens, primarily memecoins.

CoinGate, a well-known cryptocurrency payment processor, has unveiled the incorporation of the Solana (SOL) network into its payment gateway

The Solana (SOL) network has witnessed significant activity recently, largely driven by the surge in popularity of meme coins.