Sol price increased by 110 % in the 1st quarter of 2023, the best quarter in the second quarter of 2021?

Sol price increased by 110 % in the 1st quarter of 2023, the best quarter in the second quarter of 2021?

  • The Solana Prize has risen by 110 % in the past three months.
  • Sol Castle in February in the minus and will probably end March by 4 % lower, but January ended with an increase of 140 %.
  • The crypto secret service company Messari has highlighted the growth potential of Solana, since the network navigates away from the latest failures and other challenges.

The Solana Prize is negative in the monthly time frame in March, whereby Sol/USD currently sees $ 20.88 that the token has fallen by 3 % in the past 30 days. It is noteworthy that the Solana Prize dropped 80 % last year and is about 91 % under its all-time high of $ 260 in November 2021.

, however, the cryptocurrency has been set to the best quarterly returns for almost two years. And despite all the downward pressure due to network challenges since the end of last year, with the returns of Sol in the past three months.

Messari emphasizes the growth potential of Solana

The crypto market research company Messari recently emphasized the growth of Solana, even when Fuden spread, and found that the attempt to compare the blockchain with some L2s in relation to TVL failed.

" The comparison of Solanas TVL does not tell the whole story with other emerging chains. The use was promoted by not dominated use cases such as derivatives, NFTS and depin networks. If Solana decides to activate incentives, we could quickly see that the volume of parity is approaching the top-L2s,, Researchers of Messari wrote .


Source: Coinlist.me

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