Solana: One Of The Most Active Blockchain In Web3

While it was thought that the memecoin season was over on Solana, a brand-new frenzy of token launches has reignited network activity. Solana is ending up being the most active blockchain. While the memecoin season was believed to be over on Solana, a brand-new series of frenzied token launches is reigniting network activity. Solana’s Activity Goes beyond Ethereum For more than a year, the Solana blockchain has actually been experiencing a true renewal, and the dark days following FTX are now far behind. Among altcoins close to SOL in market capitalization, just ADA and XRP outshine SOL over one year. While the memecoin season was thought to be over on Solana, a brand-new series of crazy token launches is reigniting network activity. Solana’s Activity Surpasses Ethereum For more than a year, the Solana blockchain has actually been experiencing a real renewal, and the dark days following FTX are now far behind. While lots of networks struggle to draw in users, the Solana network has actually seen a boost in its activity in recent weeks. Aggregated data on Dune Analytics shows that the Solana blockchain accounts for more than two-thirds of new tokens. Among altcoins close to SOL in market capitalization, only ADA and XRP surpass SOL over one year.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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