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Once thought to be a significant rival to Ethereum within the Web3 area, Solana encountered challenges comparable to protocol crashes and the fallout from the FTX exchange collapse final yr. The prevailing pattern favoring Ethereum Layer 2 options over various Layer 1 choices additionally led to a decline in curiosity within the Solana ecosystem.

However, the tide has turned for Solana this yr. Substantial technical enhancements and the introduction of noteworthy options have considerably enhanced the platform’s usability and reliability. Subsequently, key partnerships have been cast, enjoying a pivotal function within the sustained development of the Solana ecosystem. Hence, let’s check out the highest Solana Ecosystem Tokens and the way they’ve been performing currently.

Top Solana Ecosystem Tokens Price Today (By Market Cap)

• Tether (USDT): Since the stablecoin is pegged towards the US Dollar, its worth stays fixed and it was buying and selling at $1 on the time of writing. The market cap stood at $91.13 billion.

• Solana (SOL): The SOL price has been surging currently. As of writing, the SOL worth was up by 2.0% because it traded at $114.87 Furthermore, the market capitalization elevated by 1.48% to $40.98 billion.

• Chainlink (LINK): The Chainlink crypto worth was recorded to be $15.36 because it misplaced 2.07% in worth. At the time, LINK’s market cap was $8.55 billion.

• The Graph (GRT): The GRT crypto worth was up by 0.1% because it traded at $0.187375. The Graph’s market cap was recorded to be $1.75 billion.

Also Read: Solana Price Prediction: December Rally Nears $100, Can SOL Sustain the Launch?

Trending Tokens On Solana Ecosystem

• Solana (SOL): According to CoinGecko stats, Solana was the highest trending crypto within the Solana Ecosystem on the time of reporting. The ecosystem’s native token not too long ago surpassed the $110 mark and has continued surging.

• Bonk (BONK): The meme crypto, Bonk, additionally made it to the trending listing. However, it witnessed a droop in worth because it traded at $0.00001857, declining by 2.90%.

• Neon (NEON): Neon entered the trending listing at present owing to its vital good points not too long ago. As of writing, the Neon crypto gained 19.50% and traded at $2.07.

Also Read: Solana (SOL) Flips XRP As It Tops Ethereum In 24-Hr DEX Volume

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