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Solana (SOL) Emerges Victorious in 2023: Can it Surpass $1,000 and Outshine Ethereum?

27Dec

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Solana (SOL) Emerges Victorious in 2023: Can it Surpass $1,000 and Outshine Ethereum?

In a stunning turn of events, Solana often hailed as the "Ethereum killer," has experienced a monumental surge in value in 2023, leaving its previous struggles in the rearview mirror. After languishing below $10 in late 2022, Solana (SOL) has seen an extraordinary 11x surge, currently trading at an impressive $116 at the time of this report. This remarkable rally has ignited speculation about whether Solana can outperform its arch-rival Ethereum (ETH) and achieve the monumental milestone of $1,000. Read Also: Shiba Inu's Shibarium Gains Momentum as Adoption Soars Amid Criticism Unveiling Solana’s Winning Formula Solana's standout feature lies in its exceptional speed. Functioning as a "layer-1 blockchain network," Solana boasts an impressive transaction capacity of over 50,000 per sec...

BONE Surpasses ETH and BTC, Attracting Attention from Seasoned Crypto Enthusiast Eric Cryptoman

In a recent tweet, well-known crypto enthusiast Eric Cryptoman has drawn attention to the remarkable performance of Bone ShibaSwap's native gas token, BONE, which has surpassed the market giants Ethereum (ETH) and Bitcoin (BTC) by a factor of 4x. Cryptoman, renowned for his support of unconventional cryptocurrencies, highlighted the liquidity and potential investment attractiveness of BONE, further speculating on its prospects. Read Also: Terra Classic Community Divided Over Proposal To Appoint Binance CEO CZ As Ecosystem Leader Cryptoman Expresses bullishness towards BONE. Cryptoman's tweet, accompanied by a screenshot displaying an impressive 16.73% surge in the value of BONE, serves as a follow-up to his previous post from last month. In that post, he identified a support level for...

Chainlink Says It Will Not Support The Fork Version Of The Ethereum After The Merge

According to the leading smart contracts infrastructure provider on the Ethereum network with an important footprint in DeFi, enterprise, and NFT/gaming arena, Chainlink has announced that the contentious fork after the merge will not be possible as this is in alignment with both the Ethereum Foundation's and the Ethereum community’s plan to upgrade from the former proof-of-work to the coming proof-of-stake. Read Also: Over 70,000 Holders Have Joined The Class-Action Lawsuit Against The SEC, Victory Is Ascertained For Ripple Read Also: Ethereum's Vitalik's Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain This is said, as the blockchain security experts point to the possibility of the ETH holders getting ...