SOL
by BSC News
January 16, 2023
If you invested in any of these Solana projects, you scored huge returns while the rest of the crypto market was pumping in the past week.
After being absolutely hammered by the collapse of Sam Bankman-Fried’s FTX empire in late 2022, the Solana ecosystem has been running on phoenix fire to start 2023.
In the past week, Solana projects got an added octane boost from the broader crypto market pump stemming from welcome news on inflation.
Recently falling below $10, the blockchain’s native coin $SOL increased in price by 62% in the past seven days and now stands at $23.23, according to CoinGecko.
Here are 5 Solana projects that posted the biggest gains in the past week:
Solana is a public, open-source blockchain that allows for smart contracts, non-fungible tokens (NFTs), and various decentralized applications (dApps). The SOL token, which is native to Solana's blockchain, provides network security through staking as well as a means of transferring value.
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