Solana Diramal Will Enter The Top 3 Crypto After Bitcoin And Ethereum

Solana, a crypto asset that is predicted to rise to third place. (Photo; Doc. Blogtieno)

JAKARTA Solana's rapid progress (SOL) has attracted the attention of investors and analysts around the world. Global investment giant Franklin Templeton believes that Solana has the potential to become the third major cryptocurrency after Bitcoin (BTC) and Ethereum (ETH).

In its latest analysis, digital asset unit Franklin Templeton noted that Solana's network has seen a significant increase in total cost and volume of decentralized exchange (DEX) over the past year. With low transaction fees, lowest latency, and highest data throughput, Solana positioned itself as a standout player in the crypto ecosystem.

SOL is trading at 143.34 US dollars (Rp2,084,502.00) at the moment. Despite a decline of more than 22% in the past month, Solana remains the fifth-ranked crypto asset by market cap, "said analyst Franklin Templeton.

In addition, Solana is unique in qualifying to become an adoption center in several crypto sectors. This includes decentralized physical infrastructure (DePIN), payments, compression of non-fungible tokens (NFTs), and centralized limit order books (CLOBs). Activities in the Solana network are expected to increase in the coming months, especially due to the potential for airdrops and the rise of mania memecoins.

Solana's ecosystem has more airdrops expected in the coming months, which will continue to increase the richness effect on the ecosystem. In addition, memecoin activity has not shown any signs of slowing down on the network, "added analysts.