High Potential for Growth on the Solana Network #AltcoinSeason
1. Jupiter ( $JUP )
The most popular DEX aggregator on Solana, increasing its usage by expanding into token swaps and recently into decentralized stablecoin space with perpetual futures.
Reaching nearly 955,000 wallets with the #airdrop particularly seems significant as a network adoption signal.
2. Raydium ( $RAY )
#Solana’s largest DEX (on-chain orderbook AMM). The annual protocol fee revenue is impressive: ~$784 million.
High daily volume and wallet interaction; among the largest in fee generation across the chain.
3. Jito ( $JTO )
A DeFi protocol offering liquid staking and MEV (Maximum Extractable Value) opportunities.
Strong TVL, with a model that directly affects token holder interests leading to high user engagement.
4. Solaxy ( $SOLX )
The first Layer-2 solution designed for Solana; has the potential to increase transaction volume by reducing network congestion.
Raised millions of dollars in presale, indicating significant investor interest analyticsinsight.netTechpoint Africa.
5. Best Wallet Token ( $BEST )
Increasing both usage (swap, storage, management) and token demand with a user-friendly wallet application.
An increase in user numbers and consequently wallet interactions can be observed after integration with Solana.
BONUS: Remittix ( $RTX ) (Also outside Solana)
A PayFi project providing crypto-bank transfers. Beta wallet and CEX listings covering 30+ countries are planned.
As wallet activity and accessibility increase, the user base is growing rapidly.
Other Notable Altcoins on Reddit:
Wrapped ( $WRAPPED ): A new and intriguing project offering personal transaction summaries. At 600 holder level with active marketing strategies aimed at the community.
Solana Velocity ( $VELO ): Promoted with promises of high speed and low fees. However, the comment “died quickly” indicates that caution is needed regarding sustainability.
⚠️ This is not an advertisement or investment advice. The analysis is my personal opinion. It does not contain certainty.
Save it, you will need it :)