Solana: Blockchain for Steady 0.8%-1.2% Daily Income

by Giorgi Kostiuk

a year ago

Analysis Overview
Main Networks and Pools
Analyst's Experience and Preferences

Crypto analyst MartyParty highlighted Solana as the only network where it is possible to consistently earn 0.8%-1.2% daily yield using concentrated liquidity ranges (7%-10%) over a month.

Analysis Overview

The analyst emphasized that the Solana network can consistently provide a daily yield of 0.8%-1.2%. His bullish outlook shines a spotlight on SOL, the native token of the Solana network.

Entering and exiting positions on Ethereum costs too much.MartyParty

Main Networks and Pools

The analyst revealed that he mainly trades in SOL/USDC pools on Solana marketplaces like Orca, Raydium, and Meteora. He also confirmed having experience with range-trading stablecoin pools since 2019 on blockchains such as Ethereum, Arbitrum, and Sui.

I’m a DeFi liquidity provider. That's how I earn my living.

Analyst's Experience and Preferences

Despite his experience with various blockchains, the analyst prefers Solana for its reliability in providing steady income.

Analyst MartyParty remains committed to Solana, considering it the best network for steady income. His experience and preferences highlight the importance of choosing the right platform for consistently high yields in crypto trading.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

BMIC Launches Quantum-Secure Wallet to Combat Future Threats

BMIC is gaining attention for its focus on a fully quantum-secure finance stack, addressing vulnerabilities in current crypto wallets.

Ayman Ben Youssef35 minutes ago

Security Vulnerabilities Exposed in Prediction Markets

Security vulnerabilities exposed in prediction markets, highlighting a flaw in the authentication flow of a third-party login service that allowed attackers to bypass two-factor authentication.

Tando Nkubean hour ago

Bitcoin Hyper Aims to Enhance Bitcoin's Utility with Layer 2 Solution

Bitcoin Hyper has launched a new Layer 2 solution to improve Bitcoin's scalability and utility for developers by integrating the Solana Virtual Machine, allowing for sub-second transaction finality while maintaining security.

Rajesh Kumaran hour ago

Ray Dalio Warns of Dystopian Future with CBDCs

Ray Dalio warns that Central Bank Digital Currencies (CBDCs) will compromise transactional anonymity and increase government surveillance over personal finances.