Analytics firm Santiment has shared an updated list of altcoins within the Solana ecosystem that draw the most developer attention.
Impact of Memecoins on Solana
The Solana ecosystem has seen a decline in interest towards memecoins due to the general cryptocurrency market downturn, yet thousands of new tokens are launched on the platform daily. Data from PumpFun indicates a decrease in launches from their peak.
Santiment Altcoin Rankings
According to the new Santiment rankings evaluating developer focus over the last 30 days within the Solana ecosystem, the top projects are as follows: 1. Left (LEFT) – 145 2. PythNetwork (PYTH) – 61 3. Helium (IOT) and Helium Mobile (MOBILE) – both 55 4. Wormhole (W) – 49 5. Drift (DRIFT) – 46 6. Neon (NEON) – 42 7. Metaplex (MPLX) – 33 8. Swarms (SWARMS) – 28 9. Orca (ORCA) – 21
Changes in the Solana Ecosystem
The list reveals SOL as the natural leader with PYTH maintaining second place. Meanwhile, Wormhole has slipped from third, with the Helium ecosystem experiencing growth.
Despite declining interest in memecoins, Solana's ecosystem remains attractive to developers, as evidenced by the published project rankings.
