solana SOL/USD It has seen a 12% increase in its value in the last 24 hours, taking it past the $11 mark.
What happened: this boom comes later Ethereum ETH/USD founded by Vitalik Buterin expressed his optimism for the future of Solana by tweeting that “smart people” have informed him that the smart developer community in Solana is thriving and that the series has a “bright future” now that “the terrible opportunistic money people washed away”. Has gone.”
Apex Crypto Bitcoin BTC/USD was trading at $16,679, up 0.49% over the past 24 hours, while Ethereum was up 1.47% at $1,215.
Buterin also wished that the Solana community had “a fair chance to flourish.”
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Over the past month, SOL has fallen by about 20%, down about 95% from its peak of around $260 in November 2021. As a result of this decrease, SOL has lost its position as the fifth most important cryptocurrency at number 19.
The recent collapse of FTX and Alameda Research has led to a Major impact on Solana’s price trajectory, To make matters worse, several major projects have also announced plans to close tHeir development within the Solana ecosystem in recent months.
price action: While writing, Fifth note of musical scale was trading at $11.16, up 12.25% in the last 24 hours. According to Benzinga Pro.
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