Solana (SOL) Ranks First Again: Santiment Reveals SOL Tokens Developers Are Most Focused On


Solana (SOL) Ranks First Again: Santiment Reveals SOL Tokens Developers Are Most Focused On

  en.bitcoinsistemi.com 17 July 2024 21:39, UTC

Cryptocurrency analysis company Santiment announced in its statement the altcoins that developers focus on most in the Solana ecosystem, which has continued its rise recently, especially with memecoins.

While creating the list, analysts examined the developers’ activities over the last 30 days.

As expected, SOL, the main coin of the Solana ecosystem, ranks first on the list with a developer score of 74.57. However, SOL was not at the top of the previous month’s list. Instead, the Jupiter (JUP) token was ranked first. In the last month’s list, JUP fell to second place.

Here are the altcoins and developer scores that developers have focused on most in the Solana ecosystem in the last month, according to Santiment analysts:

  1. Solana (SOL) – 74.57
  2. Jupiter (JUP) – 67.1
  3. Wormhole (W) – 64.97
  4. Drift – 48.2
  5. Neon (NEON) – 48.07
  6. Pyth Network (PYTH) – 46.77
  7. Helium IOT (IOT) – 44.5
  8. Helium Mobile (MOBILE) – 44.5
  9. Metaplex (MPLX) – 22.77
  10. Mango Markets (MNGO) – 14.63

The Solana ecosystem has become popular with new tokens and new token hunters, especially because its minting and transaction fees are quite low. Especially recently, many new memecoins have emerged in the Solana ecosystem, and examples such as BOME were even listed on Binance in the early period.

*This is not investment advice.

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