When will SOL reach $190?
Solana remains the fourth largest blockchain platform, excluding USDT, which is third in the market cap. Over the past year or so, SOL, the native token of the modern network, has been on a tear, outperforming even Bitcoin. This expansion is despite Bitcoin racing to print all-time highs.
While optimism is high, the crypto market is generally cooling off, and there are concerns that the next wave confirming those of Q1 2024 could be delayed. However, as crypto analysts keep watch of politics and other factors, Solana is picking up momentum.
Solana Attracts More NFT Users Than Ethereum, Polygon
Based on recent on-chain activity, the latest data shows that Solana is the king of NFTs, especially in terms of the number of minted items. When writing, Solana dominates with a 35% market share, nearly double that of Ethereum at 16%.
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