Solana (SOL) standing top being the buzziest Coin of the Year!

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Solana (SOL) gained 5th Rank on CoinmarketCap placing itself above Cardano (ADA) now. It has gained around 25% in a week to hit market capitalization of $72 billion approx and now gaining stronghold to top USDT in a matter of time. This year had been all Solana buzz around, taking over NFT marketplace and Solana Ecosystem expanded like a boom.

source: tradingview.com

Solana Prices have skyrocketed this year, gaining over 15000% since the start of 2021. It has really been the buzzing coin of the year for sure. The Solana Blockchain offers lightning fast transactions and network fees are pretty low compared to Ethereum high Gas Fee, Making Solana a Better and Stronger Competitor of Ethereum ETH and Who knows Bitcoin as well.

Solana Ecosystem expanding with more than 400 projects like DeFi, NFTs, Web3 etc. making it fastest growing infrastructure. Its enormous success was inevitable because its leaders and developers had been working on its technology since 2019 but it had been under the shadows of other cryptocurrency giants till it made a bang entry into NFTs.
The recent success of Solana's NFT Marketplace, over $500 million in secondary sales is absolutely unbelievable.
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The Non-Fungible Tokens(NFTs) have completely dominated cryptocurrency market this year. Ethereum, Binance Smart Chain (BSC) and Solana are competing in a cut-throat competition to Conquer NFTs marketplace. While Solana is a scalable winner because of its reliable security, speed and excellence in Decentralization networking.

The Continous rise in Ethereum Transaction fees is a big reason to worry for investors and they have already started looking for alternatives. Meanwhile Solana seems to be desired alternative. Solana Platform Already has a wide range of use case, attributed to its fast network and transactions, there are various Innovations in the pipeline that were seemed to be impossible earlier.

According to this tweet, Solana network transactions surpassed 400000 transactions in a second. No doubt why Investors are looking forward to Solana NFT Marketplace, providing quicker and cheaper transactions as compared to Ethereum marketplace.

As for Now, Solana (SOL) seems all Bullish and ready to overtake Ethereum as the second largest cryptocurrency in the world soon. Also SOL network is looking forward to some hardware improvements to bring its network surpass even VISA Payments Processing and that would be the next step into cryptocurrency transactions which will definitely bring a major adaptation of cryptocurrencies worldwide. Well the future is still unpredictable but the unprecedented growth of SOL had already battled against all odds and its speedy network and some unique features makes it a dark horse.

So if you are looking for the Next Bitcoin or Ethereum, Solana (SOL) is a worthy candidate and probably the best choice.

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