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Solana Blockchain On Fire, Registers 11% Growth In Just One Week

NewsBTC LogoNewsBTC12h ago

Solana Blockchain On Fire, Registers 11% Growth In Just One Week - NewsBTC

Quick Summary:

Related Reading: $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are interested in this space.🧑‍💻 Looking at full crypto ecosystem development activity provides nice long-term roadmaps as to which are innovating and gaining on the ultra-competitive competition that this sector provides.

As of the first week of October, Solana’s has continued to emerge with a +10.7% rise… pic.twitter.com/Y5hOxJpHJl — Santiment (@santimentfeed) October 7, 2024 Meanwhile, based on the recent Solana price estimate by CoinCodex, the cryptocurrency might experience a potential increase of 14% by November 9, 2024, and hit the $159 level.

Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 14:00:17 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 548 words

Reading Time: 4 minutes read

Sentences: 75 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22980977

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #102

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