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Solan Fifth Birthday Property Explosive Growth and Trading Activity: Mercurio

Solan Fifth Birthday Property Explosive Growth and Trading Activity: Mercurio

Since Solana celebrates its fifth anniversary, new data from the Global Plate infrastructure infrastructure reveals extreme levels of volatility in Tether trade this year on the transport layer of Solan.

The sharp movements of prices reflect the increasing interest of crypto traders in Solana (Salt), which has become one of the most active Blokchain networks with a transaction volume.

Solan Genesis Block was created 16. Marta 2020. years. In the past five years, the network has processed more than 408 billion transactions and almost 1 trillion of $ 1 in trading, establishing as a dominant player in layer-1 block.

Since its launch, five years ago, Solana has become one of the upper performing layers-1 BlicChains with respect to its high speed combination with low transactions costs. Solana’s ability to deal with massive amounts of transaction with minimal fees has enabled the preferred network for merchants looking for fast execution and high liquidity.

Extreme USD protection reflects interest in the market

According to Mercuria, Tether USDT trading, he saw increased volatility in early 2025. years as merchants, such as traders, as traders belonging to their approach and strategy to take advantage of variables market trends. Mercurio data emphasizes the following dramatic crossing prices:

  • 100% Surge (Sunday 13th January)
  • 63% drop (20. January)
  • 129% recovery (27th January)
  • 61% Plunge (10. February)
  • 137% Spike (February 24)

“Solana enchants the interests of the crypto traders around the world,” said Greg Vaisman, co-founder and Coo on Mercurio. “As Solana celebrates its fifth birthday, our transaction on the transport layer on the transport layer of Solana suggests an unsurpassed trading activity in the middle of an explosion of interest in the salon we have seen in the past 12 months.”

Memecoin France Greates Trading Activity

The main driver behind the attack in the volume of Solana trading is the growing popularity of Meme coins. Solana owners used token to buy Meme coins like Dogwifhat (Vif) and Bonx (Stifle).

Meanwhile, Pump.Fun has achieved over $ 5,50 million in revenue over the past year. It is applicable that the volume of trading in the pump.fun has exceeded Etherum over 24-hour periods on several occasions over the past year. This can be seen as a clear sign of Solana’s role in a coin space.

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2025-03-17 23:20:00

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