Once regarded as a major rival to Ethereum in the Web3 arena, Solana encountered challenges such as protocol crashes and the fallout from the FTX exchange collapse last year. The prevailing trend favoring Ethereum Layer 2 solutions over alternative Layer 1 options also led to a decline in interest in the Solana ecosystem.
However, the tide has turned for Solana this year. Substantial technical improvements and the introduction of noteworthy features have significantly enhanced the platform’s usability and reliability. Subsequently, key partnerships have been forged, playing a pivotal role in the sustained growth of the Solana ecosystem. Hence, let’s take a look at the top Solana Ecosystem Tokens and how they have been performing lately.
Also Read: Solana Price Prediction: December Rally Nears $100, Can SOL Sustain the Launch?
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