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Solana Network Shows Strong Activity Led by $SOL Token

Sep 22, 2024
  1. $SOL - Leader of Solana Network
  2. High Trading Volumes of Other Tokens
  3. Activity in the Solana Network Beyond $SOL

In the world of cryptocurrencies, significant changes have taken place: $SOL token has led the Solana network with an impressive trading volume of $67.8 billion. These data highlight the high level of activity and interest in Solana's native token.

$SOL - Leader of Solana Network

According to recent data from Phoenix, $SOL token demonstrates a leading position in the Solana network with a trading volume of $67.8 billion. This shows significant activity and interest from market participants in this token.

High Trading Volumes of Other Tokens

After $SOL, other tokens also showed significant trading volumes. For example, $WIF token registered a trading volume of $1.7 billion, indicating traders' interest. The $BONK token also attracted investors' attention with a trading volume of $1.2 billion. Other tokens, such as $FIDA ($41.1 million), $JUP ($1.1 billion), $GMT ($339.7 million), and $PYTH ($1.1 billion) also showed significant activity. Notably, the $GRT token, the primary protocol for indexing and querying data on the blockchain, registered a trading volume of $1.5 billion.

Activity in the Solana Network Beyond $SOL

Other tokens on the Solana platform are also demonstrating high activity. For example, the $JTO token achieved a trading volume of $275.7 million, while $DRIFT - $153.1 million. The $CVC token increased its trading volume to $117 million, and $TNSR reached $47.6 million. The community token $SAMO registered a trading volume of $24.8 million, while the $RAY token, which powers automated market making on Solana, recorded a trading volume of $408.8 million. Overall, the data show that the Solana network is actively developing and attracting investors' attention by offering diverse trading opportunities.

These data confirm high activity in the Solana network, with $SOL remaining a leader. The diversity of tokens and their significant trading volumes underline the continuous development of the Solana ecosystem and its attractiveness to investors.

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