At the time of writing, Solana is trading at $99.48, down 4.92% in the last 24 hours.
Despite the recent correction, the SOL price is still up 13.47% in the last 7 days.
After briefly trailing behind Ethereum (ETH) and Tron (TRX), Solana (SOL) surpassed them in January to become the top blockchain for stablecoin transactions. Artemis data investigation shows that stablecoin transactions on the Solana blockchain reached a whopping $497 billion in January.
In the last two months, there has been a notable surge in the demand for stablecoins. This is mostly attributable to the euphoria around the approval of spot Bitcoin ETFs in the U.S. While Tron’s stablecoin transactions essentially stayed the same, Ethereum’s volume grew by a mere 31%.
According to Whale Alert, a group of whales trading Solana have transferred an astounding $82 million worth of SOL to unknown wallets.
An anonymous wallet received the first substantial transfer of 150,000 SOL, which is worth around $15,054,830, fr
We współpracy z: https://thenewscrypto.com/solana-breaks-below-100-level-as-price-faces-brief-correction/
