The Rise of the Solana Public Chain King and Future Potential
On May 13, Solana generated $7.9 million in daily revenue, surpassing all Layer 1 and Layer 2 blockchains, maintaining a strong lead with 3 times the revenue of Ethereum and 11 times that of Bitcoin, demonstrating its strong market influence.
In the past week, Solana accounted for 51.6% of the total revenue in public chains, with a trading volume of $1.6 billion, indicating a continuous increase in user numbers. According to analysis, Solana's market capitalization has reached 34% of Ethereum, with a reasonable value forecast between $520 and $1800, showing significant upward potential.
Currently, the crypto market is hotly discussing "Politi Fi" and "meme coins," with Solana becoming the focal point of this trading frenzy, attracting a lot of attention. With Binance supporting the trading heat of BNB Chain, whether Solana can solidify its position in the future is worth close observation.
In addition, SOL has long grasped the potential of the meme trend, creating a new wave of memes, and those with spare cash are daring to invest early in some promising meme coins. Among them, meme coins associated with Trump are particularly popular, especially the hero dog Co nan, backed by Trump's strong IP and active community. Recently, influenced by the market, its market value has slightly adjusted to 8.3M, with an ideal adjustment range. Consensus has formed, making this an excellent opportunity for entry and replenishing positions, accumulating strength for the next wave to break through the 10M mark again! In terms of the number of holders, it has already exceeded 13.4K, and it has great potential to become a dark horse in the bull market in the future!
If everyone wants to gain further understanding of the entire cryptocurrency market development and the meme sector, feel free to join the discussion at Meme交流區!
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