🚀 Growing Interest in Solana

postedΒ  19 Dec 2023
Photo - Growing Interest in Solana
The search volume for Solana on Google has seen a significant uptick, almost tripling in the last two months. This increase comes after a period of relative stability in searches until mid-October.
Solana Search Volume on Google Source: The Block

Solana Search Volume on Google Source: The Block

This surge in interest aligns with the period from October to December, during which the SOL price rose from $20 to $75. While there are various factors behind this increase, a notable contribution came from Ark Invest CEO Cathie Wood's recent positive comments about Solana.

As of now, the total value locked (TVL) in the Solana network has surpassed $1 billion, as reported by DefiLlama. This represents almost a fivefold increase from the beginning of the year, although it's still far from its 2021 peak of $10 billion.

Sidebar ad banner