Solana declared most popular blockchain so far this year by CoinGecko Research | Headlines | News | CoinMarketCap

03/22/2024 00:25
Solana declared most popular blockchain so far this year by CoinGecko Research | Headlines | News | CoinMarketCap

The Solana network has emerged as the most popular blockchain ecosystem so far this year, according to CoinGecko Research. The layer 1 …

The Solana network has emerged as the most popular blockchain ecosystem so far this year, according to CoinGecko Research. The layer 1 blockchain now accounts for 49.3% of global crypto investor interest in chain-specific narratives the research said.

"Solana ecosystem’s dominant mindshare has been fueled by Solana’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as Pyth and native memecoins such as dogwifhat," the report added.

Solana's popularity has surged since the beginning of 2024. Image: CoinGecko Research.

Solana’s price climbs on the back of surging trading volumes

On Monday, Solana surged back above $200 for the first time in two years, reaching its highest price level since 2021, driven by a …

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