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Top Solana Ecosystem Tokens by Market Cap

Top Solana Ecosystem Tokens by Market Capitalization

Solana is one of the top blockchains which is thriving within the DeFi & NFT space, currently ranked as the ninth largest asset according to market capitalization. It is a public, open-sourced blockchain that intends to offer scalable smart contracts within the limits of decentralization and in a secured environment.

Founded in 2017,  the protocol works on the combination of Proof-of-Stake & Proof-of-History mechanism that aims to offer high transaction speed, while being cost-effective. Solana recently released a weekly blog shedding light on the upcoming key mainnet developments. 

The platform proposed an ‘off-chain Message Signing’ with a hardware wallet which could enable other features like log-in with a wallet or providing ownership over a wallet without a transaction, etc. 

Another major upgrade that was confirmed recently is the release of ‘Seahorse’ which is a framework for developing Solana programs on python. The upgrade is powered by Anchor Protocol which aims to gather 100 million developers on Solana.

Top Solana Ecosystem Tokens by Market Cap

Crypto  24H Volume Current Price
Solana(SOL) $549 million $44.95
Audius(AUDIO) $4.48 million $0.402
Serum(SRM) $6.19 million $1.05
Raydium(RAY) $5.48 million $0.913
Mango(MNGO) $91,180.72 $0.0532

Latest News on Solana Ecosystem Tokens 

Solana (SOL)

Also Read: Solana (SOL) Whitepaper Summary

Audius(AUDIO) 

Serum (SRM) 

Raydium (RAY)

Additional Read: Top Cryptos to Watch this Week

Mango Markets (MNGO)

Collectively, Solana and the entire ecosystem are working hard towards the development of the DeFi and mainly the Web3 space. Despite multiple hacks and security breaches, the platform stands strong displaying its capability to sustain itself within the top chains and assets in the market. 

If you are looking to invest in Solana or any Solana ecosystem tokens, then CoinDCX offers you the best deals in the market. You can invest in easy weekly installments with Crypto Investment Plan(CIP) and also earn a passive income on your idle crypto investment with CoinDCX EARN. 

So download CoinDCX App on your smartphone and register now!

Prices as of August 11th, 2022

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