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SOLANA BILLIONAIRE PRICE PREDICTION FOR 2021 | SOLANA CREATING BILLIONAIRE FOR SURE IN 2021

cryptocurrency 3 months ago
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Join this channel to get access to perks: https://www.youtube.com/channel/UCtXqLID9teM66qZMlepHppw/join Solana’s SOL token dominated cryptocurrency markets in August, nearly tripling in price as investors speculated on fast growth in “smart contract” blockchains that might one day rival Ethereum. The price of the SOL token rose 195% in August to $108, and it now has a market value of $33.7 billion, breaking into the ranks of the world’s 10 biggest cryptocurrencies, based on data from Messari and other providers. Just this year, the asset has jumped a staggering 62-fold. The LUNA token from Terra, another smart-contract blockchain, also nearly tripled in price in August, pushing its market capitalization to about $13 billion. Among the , a curated roster of digital assets, the top performer was Cardano’s ADA token, which doubled in price during the month, followed by Polkadot’s DOT with a 75% return. All of these top performers in August were members of a group dubbed “Ethereum killers” – so-called layer 1 blockchains offering low fees, enhanced scalability and fast transaction times designed to support applications such as decentralized finance (DeFi) as well as trading in non-fungible tokens (NFT). The intense speculation comes as Ethereum, the second-largest blockchain overall after Bitcoin, prepares to undergo a major upgrade over the coming year known as Ethereum 2.0. “We have enormous respect for the Ethereum developer community’s spirit,” Solana Labs CEO Anatoly Yakovenko, told CoinDesk. “It’s been an inspiration to watch, and in many ways laid the blueprint for disintermediating all of the world’s marketplaces, starting with DeFi. We are in the same fight.” #SOLANA #SOL #SOLANACRYPTO
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