Solana seems Gearing up
Solana is a blockchain network that is in hype these days. These days this blockchain network is in the news and it is getting a lot of hype because of that we can see the market movement positive for the coin. The coin name is SOL in short. I have gone through the price chart for this coin and if I go with one month of price movement then it looks like the coin is picking up and probably it is going to grow even more. Almost three weeks back the price was almost $50 but now it is heading towards $80 which is a price growth of more than 50% in less than a month.
Few projects are built on the Solana blockchain and they have good hype in the market. We know that in the crypto market attention and high play an important role so if any project built on the chain itself is getting more attention then the same kind of momentum can also be seen on the base chain. For example, if a project does pretty well on the Ethereum chain then Ethereum also gets some value addition along with that project.
Even during the last bull run, we have seen how the price for Solona has grown and even the projects built on this chain got massive jumps in value. There was a fitness project built on Solana Blockchain that was highly popular and now I'm not sure what is going on with that but at some point in time it was one of the leading fitness-to-earn projects on the chain.
I can't say whether this price growth is temporary or going to stay for some time but looks like more people are getting part of this and now the price itself is creating a scenario of FOMO (fear of missing out). I was planning to buy some points but now I think I should wait before this fire gets settled and then I can see whether I should go ahead or not and if I go ahead then what quantity do I need to own?
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Nice article from you, a useful update on solana indeed I believe that over time this is a good coin that holds much potential as is strong fundamentally, great content.
thank you for sharing your thoughts
It is an amazing and educative post. Your writing article is so good
You talked about the fitness project and there was a stepn project which was was a walk-to-earn project and it got a good hype too. Also, there are some NFTS that is creating hype. Thanks for the great knowledge.
Solana seems Gearing up is a great article. There are lot of information to know in your article.
Solana has shown potentials of pumping soon. However, it's good to wait and watch how things play out this period.
Solana seems to give a very nice explanation about Gearing up. I learned a lot from here, thank you. You will benefit from this in future.