A well-known cryptocurrency researcher and journalist from China, Colin Wu, posted a fresh tweet in which he talked about the co-founder of Solana Labs, Anatoly Yakovenko, and his path to launching the project. The entrepreneur started his fundraising journey to create Solana (SOL) about six years ago, when he had virtually no support and tried to contact all his contacts. Yakovenko also actively attended events related to cryptocurrencies. He stressed that it took more than two months and more than a hundred presentations of a potential product to receive $500 thousand from venture investors. The creator of Solana did his best to establish connections and introduce himself to as many people as possible.
The entrepreneur also tried to get support from famous people, but he noted that already in 2017, many venture investors believed that the potential of first-level blockchain networks (L1) was exhausted and did not provide opportunities for new ideas.
At the time of December 10, 2023, the Solana (SOL) cryptocurrency ranks sixth among the most popular cryptocurrencies in the world. Its price has fallen by 6.1% in the last 24 hours, but it is still 12.5% higher compared to a week ago and 49.8% higher than 30 days ago, amounting to $71.3 per unit.
The total number of tokens in circulation is $30.39 billion, and the daily volume of transactions on the market reaches $2.26 billion.
The leader of the cryptocurrency market is still bitcoin (BTC), which is trading at a price of $43,675. The market capitalization of bitcoin is $854.35 billion, and daily trading volumes reach $14.66 billion. Bitcoin's market share is 52.3%. The index of greed and fear in the cryptocurrency market currently stands at 82 out of 100.
