Amid the ongoing downturn in the cryptocurrency market, Solana has emerged as one of the biggest decliners. However, according to the analysis company Santiment, developers' interest in Solana and its related altcoins remains high.
Solana's decline in the crypto market
Solana (SOL) has experienced a significant decline, reaching levels around $110 amid an overall market downturn for Bitcoin and altcoins.
Santiment company analysis
The analytics firm Santiment notes that Solana and some SOL-based altcoins have remained at the forefront of developers' focus over the past 30 days.
Popular Solana altcoins among developers
Among the most popular projects was Solana itself (SOL). Following it were Wormhole (W) and Pyth Network (PYTH). The list also includes Helium (IOT), Helium Mobile (MOBILE), Drift protocol (DRIFT), Neon EVM (NEON), Metaplex (MPLX), Jito (JTO), and Swarms (SWARMS).
Despite the current decline in Solana's value, developer interest in the platform and its related projects remains high, which may play a significant role in the future of the cryptocurrency market.
