The Year Of Solana: 2024 Sees Global Crypto Love Surge Nearly 40%

Quick Summary:

Analyst Calls For A 200% Spike The virtual coin outperformed some of the well-known cryptocurrencies in the market, an indicator of the crypto’s growing appeal to investors worldwide.Solana Bags No.1 Spot Solana seized the top spot in the ranking of blockchain ecosystems in the crypto space.

Solana boasted that Pump.fun is viewed as its "fastest trading terminal,” which can also be used for "non-custodial wallet creation through emails.” Data showed that over 2.5 million tokens have been deployed with the use of the platform, noting that Pump.fun has become famous in the meme coin community for its low transaction costs.

Related Reading: Mantra (OM) Hits New ATH On 132% Weekly Surge – Details ETF Listing By 2025 Matthew Sigel, head of digital asset research at VanEck, believed that Solana could get an ETF listing by 2025, showing confidence that SOL will get US approval next year.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Altcoins Solana Sol Blockchain Cryptocurrency Market News Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 20:00:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23672908

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Main Topics: Crypto

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