$67.8 Billion in Transactions – A Continued Rise for Solana’s Crypto?

After a period of calm, the SOL crypto is making a strong comeback, now trading at $146 per coin, with an impressive increase of 12% in just one week. Other crypto market indicators are following the same positive trend, confirming a resurgence in activity. But beyond this surge, the altcoin market is also proving to be very dynamic, with astonishing transaction volumes. What if Solana was about to strengthen its dominance?

Crypto SOL, paved in the pond

Solana: the giant that crushes its competitors

The Solana network is not just another blockchain among others, it is both an Ethereum Killer and a bulldozer in motion. The crypto SOL dominates there with an astronomical volume of transactions of 67.8 billion dollarsThis figure does not come out of nowhere: it reflects theGrowing enthusiasm among traders and investors for this increasingly attractive network.

It is not for nothing that the giants of traditional finance are starting to set up shop there.

But the SOL crpyto is not the only one making waves on Solana. tokens like Dogwifhat (WIF) and (Bonk) BONKthe memecoin that made a taxi driver rich, also played a starring role, with transactions of $1.7 billion and $1.2 billion respectively.

Not forgetting the new kids who are trying to make a place for themselves in the sun:

  • Bonfida (IFAD): $41.1 million;
  • Jupiter (JUP): 1.1 billion;
  • Stepn (GMT): 339.7 million.

In short, Solana has no intention of slowing down its mad race, and SOL looks set to remain king from this crypto jungle.

SOL: a key player in the crypto market

If you were still doubtful about the impact of the SOL crypto on the market, these numbers should convince you. While other cryptos are struggling to maintain their place, SOL Shines at the Top of the Solana Ecosystem.

So much so that even tokens like Raydium (RAY), which powers Solana’s automated marketplace, saw $408.8 million in volume. Others like Samoyedcoin (SAMO), more modestly, recorded $24.8 million.

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The Solana network continues to grow, attracting not only developers but also major investors, and It is this diversity that makes it strong. According to Phoenix data, each token plays a crucial role in the ecosystem:

  • Pyth Network (PYTH): $1.1 billion in volume;
  • The Grath (GRT): 1.5 billion.

This growing interest only accelerates the speed of development of the network, confirming the Solana strategic location in the world of cryptos. And if you are still wondering why Société Générale, author of a euro stablecoin project, Citibank and Franklin Templeton are eyeing this network, the figures speak for themselves.

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