Despite only two weeks in, the year 2023 is already proving to be a profitable year for cryptocurrency investors. While major cryptos like bitcoin and Ethereum are building up a solid foundation for a potential year-long bull market, the price movement in altcoins is growing exponentially. Altcoins Bounce Back Cardano, one of the most famous […]
Tag: SOL
Solana is Now Close to Leaving Top-20 Crypto Rankings
Solana (SOL), the token that powers the same-named blockchain network, fell by 5.8% in the afternoon of Friday (29) and is currently trading at US$ 9,40. Previously praised by the now-former founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, Solana fell below $10 for the first time in over two years. Overall, SOL lost 96.3% […]
So-called Ethereum Killers, Solana and Polkadot Lost Nearly 90% of Value in 2022
During the cryptocurrency rush of the previous 2 years, several cryptocurrencies gained notoriety as potential “Ethereum killers”. These currencies became known as “Ethereum Killers”, a.k.a a cryptocurrency that will eventually dethrone Ethereum as the world’s second-largest crypto. Tokens like Polkadot, Solana, and Avalanche became respectable projects, with relatively efficient blockchains with high-selling NFT marketplaces. However, […]