Solana has been at the center of our hearts recently as it spiked up almost 12% not that long ago, only to be met with a sharp decline, and all the crypto community did was buy more as the "buy the dip" sentiment increases in popularity and more importantly, how widely adopted that mindset is. It ofcourse, only serves the community positively and better suits it up for longterm success as all dips would be met with strict purchasing therefor only driving the price upwards and to the moon and beyond.
Solana has a substantial effect on the world, with a market cap that standa at 10th place on all worldwide cryptocurrency ranking charts. The most notable one being cryptomarketcap.
The trading volume of NFTs have dropped from 2 million SOL in january (weekly) 2023 According to multiple sources, one of them shown in the picture below.
Transaction and technical stats are equally as important as price as it predicts how feasable mass adoption could be. Ethereum is a good example of good scaling and so is solana, especially with all it's transactions regularly occurring + it's status as one of the most
Solana has a future :)
That's all for today, here's a nice meme for everyone :)
