Top 5 Solana Blockchain-Focused Crypto by Volume

Top 5 Crypto Based on Solana Blockchain by Volume
  • The top 5 crypto based on Solana blockchain by volume includes Tether, Solana.
  • Chainlink (LINK), Terra (LUNA), Serum (SRM).

The crypto market shows a bullish trend. Notably, once again the crypto market is back in trend now. This time altcoin takes the centre stage. Moreover, the crypto worlds show no signs of slowing despite the issues it faces all day. 

Now, let’s look into the top 5 crypto based on Solana blockchain by volume.

Top 5 Solana-Based Crypto by Volume

Tether (USDT)

USDT holds the first position. Tether is a stablecoin which mirrors the price of the USD, offered by a Hong Kong-related company Tether. As per CoinMarketCap, the USDT price is trading at $1, with a 24-hour trading volume of $83,376,966,219, at the time of writing. 

Solana (SOL)

Solana is a highly functional open source platform that banks on blockchain technology’s permissionless nature to offer decentralized finance (DeFi) solutions. According to CoinMarketCap, the SOL price is trading at $123.49, with a 24-hour trading volume of $4,246,438,279, at press time.

Chainlink is a blockchain abstraction layer which empowers the universally connected smart contracts. Through a decentralized oracle network, Chainlink enables blockchains to securely interact with external data feeds, events and payment methods. As per CoinMarketCap, the LINK price is trading at $29.59, at the time of writing.

Terra (LUNA)

Terra is a blockchain protocol that utilizes fiat-pegged stablecoins to offer price-stable global payments systems. Terra joins the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and provides fast and affordable settlements. According to CoinMarketCap, the LUNA price is trading at $32.16, at time of writing.

Serum (SRM)

Serum is a decentralized exchange (DEX) which brings unprecedented speed and low transaction costs to DeFi. According to CoinMarketCap, the SRM price is trading at $8.96, at the time of writing. 

Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.