#BONKSOL is up more than 545% in a year ๐๐
And recently, it touched the $79 mark after 19 months.
But not only is the price going up, its ecosystem is also growing ๐ฅ
โถ๏ธSolana flips Ethereum in 24-hour DEX volume for the first time in history.
โถ๏ธSolanaโs DApp volume surged by 83% in the past seven days.
โถ๏ธ The #Solana network saw a 12% increase in 7-day transactions compared with a 1% decline in the Ethereum network.
โถ๏ธThe TVL on the Solana network has reached its highest level since November 2022.
โถ๏ธ Coinbase also announced support for Solanaโs SPL tokens, starting with the $JITO listing on December 7 and the $BONK listing on December 14.
What's driving the sudden demand for SOL tokens?
The successful airdrop of Jitoโs liquid staking protocol yielded over $14,300 for each participant based on Jitoโs current price of $2.90.
This is driving a huge demand for #SOL token, as people want to interact with decentralized ecosystem applications to qualify for future airdrops.
