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Jan 30, 2024

Solana’s 2024 Rich List: A Snapshot of Crypto Wealth

By: Bhumi Shrivastava

The three wealthiest addresses collectively hold a significant portion of SOL, marking their dominance in the network.

Top Trio 

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The top ten addresses account for nearly 10% of SOL’s total circulating supply, indicating a high concentration of wealth.

Wealth Concentration 

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FTX, a leading crypto exchange, holds a considerable amount of SOL, contributing to the wealth concentration.

FTX’s Stake

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Solana’s DeFi sector, with 121 active protocols, has a significant Total Value Locked (TVL), showcasing its growing influence.

DeFi Landscape 

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The wealth distribution in Solana provides insights into the network’s growth and the potential future of this high-performance blockchain.

The Future Outlook

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The 2024 Solana rich list offers a glimpse into the dynamics of wealth in the evolving world of cryptocurrencies.

Conclusion 

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