Solana ranks fourth in crypto market value: data reveals true strength

On November 4, Solana, the newly promoted public chain, soared, with the price breaking through US$245, setting a record high. According to data from Coingecko, Solana’s current market value amounts to 72.696 billion US dollars, surpassing Tether to rank fourth.

Today, let’s take a look at Solana’s real strength from various data.

Since this year, SOL has increased by 15500%.

jayDv1yss76KxOZe5VWLUuIUSrXNe4Q9XYSjBnON.png

From an ecological point of view, according to Solana’s official release data, there are already 500 Solana ecological roles, which have built different ecological matrices such as infrastructure, wallets, tools, browsers, oracles, DeFi, Dapp, NFT, GameNFT, and funds. The ecology is the most spectacular, with 193, followed by the DeFi ecology with 116, followed by Dapp with 93, and then wallet, infrastructure, tools, etc. The ecological categories are diverse and abundant. This also shows that Solana has grown from a purely technical public chain to a fertile ground to support the development of various mainstream encryption industries.

lZ4jWfWOq8obvzbvsECRgrAn2CVc4CXW6FAROAlD.jpeg

Solana ecology

According to the latest data, since the beginning of August, the total secondary sales of Solana-based NFT projects have exceeded 500 million US dollars. The NFT project with the highest total sales is Degenerate Ape Academy, which currently has total sales of 106,447,020 US dollars. Data shows that Solana NFT’s secondary sales hit a record high in September, reaching US$189.4 million.

bpdfVa1mFNhszLmpMuda9yG7hk9l0MU65wk11SHL.jpeg

Solana NFT ecology

zMg8oezOkeWEbiKAj6c8Su8jYZ9pUfRuYP5eTeA0.png

Solana’s subdivision ecological TVL

JQUmzNyuqwxmahWsu0nXenuBav4mEgCkgCGscQ8J.png

Solana active Dapp

DZWLml4FIUPaVqTJcvKUft9dKBi6EegszzzGzItG.png

Mainstream public chain TVL ranking

sQRfGZqORKpWaiu2jIgqk8TgJ5pcnt88HPqiS8FU.png

Mainstream public chain ecological pair

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/solana-ranks-fourth-in-crypto-market-value-data-reveals-true-strength/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

Like (0)
Donate Buy me a coffee Buy me a coffee
Previous 2021-11-04 11:54
Next 2021-11-04 12:19

Related articles