Solana (SOL) has surprised everyone by becoming significantly valuable in the cryptocurrency market. This is a big deal because it means Solana is now the one of the most profitable cryptos and blockchains. People really like Solana and trust it as an investment. We had already predicted in our last SOL price prediction that SOL could reach $100 soon. This article is all about the top 10 Solana coins that could make you a millionaire in 2024.
Top 10 Solana Coins
The total value locked (TVL) on the Solana blockchain has surpassed $1.3 billion, showcasing a notable increase in decentralized finance (DeFi) activity. This surge in TVL highlights the growing interest and engagement within the Solana ecosystem. Despite certain prominent participants selling their SOL holdings, the overall trajectory for Solana has been overwhelmingly positive, witnessing a remarkable 700% surge since the start of the year and a five-fold increase in just the last two months. Let’s take a look at the top 10 solana coins.
1. Realy (REAL)
Realy is a decentralized marketplace for NFTs (Non-Fungible Tokens) that focuses on Street Culture and New Luxury. Drawing on its expertise in New Luxury and Street Fashion, Really aims to connect with the Crypto NFT community and bring real-world assets onto the blockchain.
Over the past year, the price of REAL has surged by an impressive 119%, showcasing remarkable growth and resilience in the volatile crypto market. It has outperformed 63% of the top 100 crypto assets, demonstrating its strong competitive position.
Additionally, the cryptocurrency has consistently traded above the 200-day simple moving average, indicating a sustained positive trend. In the last 30 days, it has experienced 17 green days, constituting 57% of the period, further affirming its bullish momentum. The cryptocurrency also boasts high liquidity, substantiated by its substantial market cap, making it an attractive choice for investors seeking stability and potential returns in the dynamic world of cryptocurrencies. This is one of the top 10 Solana coins.
2. Synthetify (SNY)
The Synthetify protocol facilitates the generation, trading, and elimination of synthetic assets using prices sourced from a decentralized network of oracles. Within the Synthetify exchange, trading occurs against a public debt pool, ensuring nearly limitless liquidity and zero slippage, even during substantial transactions.
Individuals contributing to the debt pool earn exchange fees proportionate to their involvement as counterparties in trades. To maintain platform stability, participants in the debt pool must consistently hold an ample amount of collateral in Synthetify tokens (SNY). This mechanism ensures the reliability and security of the Synthetify platform.
3. Metaplex (MPLX)
Metaplex operates as a decentralized system on the Solana blockchain, facilitating the creation, trade, and use of digital assets. It offers practical tools like Packs, Fusion, “Entangled,” and Encrypted NFTs. Programs such as Gumdrop and Hydra are involved in token distribution.
The Metaplex protocol consists of the Metaplex Program Library (MPL), providing various protocols for on-chain functionalities related to NFT creation, sale, purchase, or trading.
Additionally, advanced developer tools and SDKs make it easier for developers, especially those new to the Solana ecosystem, to work with Metaplex. MPLX, serving as a utility and governance token, allows token holders to influence the direction and evolution of the protocol through the Metaplex DAO, contributing to the decentralized and community-owned nature of the creator platform.
In the past year, the price of MPLX has surged by an impressive 830%, showcasing remarkable growth that outpaces 95% of the top 100 crypto assets. Notably, it has also outperformed both Bitcoin and Ethereum. Additionally, the cryptocurrency has consistently traded above the 200-day simple moving average, indicating a sustained positive trend. These statistics highlight the notable success and positive trajectory of this cryptocurrency over the past year and make it one of the top 10 Solana coins.
4. Raydium (RAY)
Raydium stands out as an automated market maker (AMM) and liquidity provider designed specifically for the Serum decentralized exchange (DEX) on the Solana blockchain.
What sets Raydium apart is its unique approach: instead of following the typical AMM model, Raydium converts deposited funds into limit orders that become part of Serum’s central limit orderbook.
This integration grants Raydium liquidity providers (LPs) access to Serum’s entire order flow and existing liquidity. The native utility token, RAY, plays a crucial role in the ecosystem. Holders can stake RAY to earn protocol fees, participate in staking for initial decentralized offering (IDO) allocations, and engage in governance votes to influence protocol decisions.
In the past year, the price of RAY has skyrocketed by an impressive 1,130%, surpassing the performance of 97% of the top 100 crypto assets. Notably, it has also outpaced both Bitcoin and Ethereum.
The high liquidity, as reflected in its market cap, further highlights the widespread interest and confidence in this one of the top 10 Solana coins.
5. Hubble Protocol (HBB)
HBB serves as the native token for Hubble Protocol, a cutting-edge DeFi protocol operating on the Solana blockchain. Within this innovative system, users have the opportunity to deposit various assets, allowing them to mint USDH at a 90.9% Loan-to-Value ratio.
Notably, users can earn positive interest on their collateral deposits, essentially earning while they borrow. The protocol offers further engagement options, such as providing liquidity in the Stability Pool, actively participating in in-house liquidations to maintain system health, and holding and staking HBB, the native token.
With HBB, users can earn USDH rewards and actively participate in the governance of the protocol, emphasizing a user-centric and participatory approach within the Hubble Protocol ecosystem.
Hubble Protocol achieved its all-time high on Jan 28, 2022, at $2.54, while its all-time low was recorded on Jul 27, 2023, at $0.031458. Since reaching the all-time high, the lowest price observed was $0.031458 (cycle low), and the highest HBB price since then was $0.688894 (cycle high). In the past year, the price of HBB has surged impressively by 642%, showcasing exceptional growth that surpasses 94% of the top 100 crypto assets. Notably, HBB has outperformed both Bitcoin and Ethereum during this period.
These statistics underline the notable success and positive momentum of HBB over the past year and placed it in the one of the top 10 Solana coins.
6. Neon EVM (NEON)
Neon is an Ethereum Virtual Machine (EVM) on Solana, seamlessly merging Ethereum compatibility with the Solana blockchain. This integration allows users to enjoy the familiar tools and infrastructure of Ethereum along with the rapid transaction speed and low costs of Solana.
Neon EVM acts as a bridge, eliminating the divide between these two prominent blockchains and enabling Ethereum dApps to function effortlessly on Solana.
For Ethereum developers, Neon EVM provides a streamlined solution, offering access to the advantages of Solana’s network, including low fees, high transaction speeds, and parallel transaction execution capabilities.
Previously, the incompatibility between Solana and EVM left a substantial portion of TVL, millions of users, and an entire ecosystem untapped by EVM Multichain dApp developers.
Neon EVM’s innovative solution is a highly anticipated development in the Solana ecosystem, making it an attractive option for multichain builders. By combining the strengths of both chains, Neon EVM prioritizes user security and safety, presenting a significant step forward for cross-chain compatibility.
Neon EVM achieved its all-time high on Dec 20, 2023, when it was trading at $1.749290, while its all-time low is not available. Since reaching the all-time high, the lowest price observed was $1.234030 (cycle low), and the highest NEON price since then was $1.745170 (cycle high).
Neon EVM has shown positive performance compared to its token sale price, reflecting an increase in value. Over the last 30 days, it has experienced 15 green days, representing a 50% occurrence of positive price movements during this period. This indicates a favorable trend and suggests positive market sentiment for Neon EVM.
7. Allbridge (ABR)
Allbridge is like a bridge that connects different blockchain networks, making it easy to transfer assets between them. It works for both EVM and non-EVM blockchains and plans to include L2 solutions and NFT transfers in the future. The goal is to make moving assets across various blockchains simple and borderless.
Allbridge simplifies and modernizes asset transfers across diverse blockchain networks. It acts as a bridge connecting both EVM-compatible blockchains (like Ethereum, Polygon, BSC) and non-EVM blockchains (like Solana, Terra). Allbridge has future plans to include L2 solutions (like Arbitrum, Optimism) and support NFT transfers.
The mission of Allbridge is to eliminate borders in the blockchain world by offering a tool for easy asset movement between different networks. In the future, it aims to transform into a DAO-style multi-chain hub, creating connections between EVM and non-EVM networks.
Over the last 24 hours, the ABR price has decreased by -4.45%. Allbridge achieved its all-time high on Oct 4, 2021, when it was trading at $9.62, while its all-time low was recorded on Nov 15, 2023, at $0.076807.
Over the past year, the price of Allbridge (ABR) has surged by an impressive 134%, showcasing substantial growth that outpaces 63% of the top 100 crypto assets. Notably, Allbridge has consistently traded above the 200-day simple moving average, indicating a sustained positive trend. This positive performance underscores the increasing popularity and strength of Allbridge in the dynamic cryptocurrency market over the last 12 months.
8. Solanium (SLIM)
Solanium is a decentralized platform operating on the Solana blockchain, offering features for fundraising and trading. The platform encompasses a DEX UI (User Interface), staking, wallet management, governance, and a launchpad for new projects.
Users can stake SLIM tokens to earn xSLIM, which serves as the platform’s governance token. xSLIM comes with various utilities, including early or exclusive access to pools, distribution of launchpad fees, enhanced chances in project allocation lotteries, and the ability to participate in governance proposals.
The Solanium platform includes a launchpad for new projects in the crypto ecosystem, wallet management for user convenience, a DEX UI powered by Serum, governance and proposal features, and integrations with other projects within the ecosystem.
This comprehensive set of tools aims to provide users with a seamless and versatile experience for fundraising, trading, and actively participating in the Solana blockchain community.
Since reaching the all-time high, the lowest price observed was $0.019826 (cycle low), and the highest SLIM price since then was $0.556751 (cycle high). The current sentiment for Solanium’s price prediction is bullish, with the Fear & Greed Index showing Greed.
The circulating supply is 100.00 million SLIM out of a maximum supply of 100.00 million SLIM. In the past year, the price of Solanium (SLIM) has experienced a remarkable increase of 1,765%, surpassing the performance of 98% of the top 100 crypto assets. Notably, it has outperformed both Bitcoin and Ethereum during this period.
9. Decimated (DIO)
Fracture Labs is a team of game developers working on DECIMATED, an open-world survival game with a blockchain-based economy. The project envisions a 64km² map created in Unreal Engine 4, where players can opt to be either human citizens or cyborg cops. The central gameplay revolves around competition to earn cryptocurrency (DIO) in a massively persistent online world.
Decimated achieved its all-time high on Jan 3, 2022, when it was trading at $0.587930, while its all-time low was recorded on Dec 28, 2021, at $0.0078253.
Since reaching the all-time high, the lowest price observed was $0.004373 (cycle low), and the highest DIO price since then was $0.084396 (cycle high). The current sentiment for Decimated’s price prediction is bullish, with the Fear & Greed Index showing 74 (Greed). The circulating supply is 404.78 million DIO out of a maximum supply of 1.00 billion DIO.
In the past year, the price of Decimated (DIO) has surged impressively by 1,033%, showcasing substantial growth that outpaces 97% of the top 100 crypto assets. Notably, it has outperformed both Bitcoin and Ethereum during this period.
Additionally, Decimated has consistently traded above the 200-day simple moving average, indicating a sustained positive trend. The performance compared to the token sale price has been positive, underscoring its value appreciation. These statistics highlight the notable success and positive momentum of Decimated over the past year and it is a potential one of the top 10 Solana coins.
10. Serum (SRM)
Serum is a decentralized exchange (DEX) and ecosystem focused on transforming decentralized finance (DeFi) with high speed and low transaction costs. Unlike other DEXes, Serum features a fully on-chain central limit order book and matching engine, allowing partners to share liquidity for both institutional and retail users.
It addresses common DeFi challenges such as high gas costs and slow transactions, aiming to enhance capital efficiency and reduce liquidity segmentation. The SRM utility token provides users with fee discounts and voting rights, with 100% of exchange fees directed back to SRM through various mechanisms for ecosystem development.
Serum achieved its all-time high on Sep 11, 2021, at $13.58, while its all-time low was recorded on Oct 21, 2023, at $0.029159. Since reaching the all-time high, the lowest price observed was $0.029159 (cycle low), and the highest SRM price since then was $0.100065 (cycle high).
Additionally, SRM is noted for its high liquidity, as reflected in its market capitalization. The combination of a significant number of green days and high liquidity underscores the strong market presence and positive sentiment surrounding Serum in the recent past. These features make it one of the 10 Solana coins.
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