Dear Readers,

We are all know very well that Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL. Solana was launched in 2020 by Solana Labs based at Geneva in Switzerland and was founded by Anatoly Yakovenko and Raj Gokal in the year 2018. 

Solana blockchain offers the essential open infrastructure required to expedite blockchain's global adoption.   Solana's blockchain architecture is designed to facilitate the creation of smart contracts and DApps. Solana eco system supports a wide range of Defi platforms and NFT marketplaces. This wide range of options make Solana a multi-utility and a versatile solution for various developers and various important projects were built on Solana blockchain.    Solana mobile is a notable product with Solana mobile stake. The sales of Solana mobile is on continuous rise in US.   In the recent days Solana Coin's price raised to a high of $124 in December 2023 from its price in the range of $20 in October 2023. With this remarkable bull rain, make Solana to raise to 5th place in its market capitalization pushing aside XRP into the 6th place. In some point in time it also had moved to 4th place setting aside BNB.   The world's first crypto based racing Token - Mixmob's MXM which is to be listed in Kucoin and Bybit on 1 Feb 2024 is also powered by Solana.   All these good news around Solana is the take among the developers, investors and other crypto enthusiasts over the globe.   As this being one part, there is a fresh news hitting the headlines now- that is learnt from Blocks Data Dashboard- is that the volume of Solana transactions in the month of January 2024 hits multi year high to a tune of $951.9 billion and there are 2 more days left in January for the close of this month. This shows that how Solana is being used by the users.      Solana slipped down from 116 USD from 2 Jan 2024 to a low of $80 in 23 January 2024. But from this level Solana continuous to raise up and currently trades at 105 USD range.      This brings cheers among the investment community on Solana and the expectations were high that Solana coin move further up and would give massive return for its investors in the medium to long run.