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Solana is one of the known blockchains in the cryptocurrency space. Its native token SOL is used in the payment of transaction fees.
Solana Ecosystem Coin List
At the time of writing, there are 184 Solana ecosystem cryptocurrencies that are listed on CoinMarketCap. In the top 10 on the list are Tether (USDT), Solana (SOL), Chainlink (LINK), The Graph (GRT), STEPN (GMT), Arweave (AR), Audius (AUDIO), Serum (SRM), Render Token (RNDR) and Ren (REN). Some of the low cap Solana ecosystem coins include Human, YMAS, Dassi, FROG, MIM, Symmetry, and AstraDex.
Best Solana Ecosystem Coins
We shall discuss the best Solana ecosystem coins based on their performance in the past 90 days.
1. STEPN (GMT)
Is the best Solana ecosystem coin presently. It has had a yield of 704% in the past 90 days. It is presently trading at $0.93. It has a trading volume of $2.43 billion. GMT has decreased by 23% in the past 24 hours. STEPN is ranked in position 78 in CoinMarketCap. This is one of the Solana ecosystem projects that is listed on the Binance exchange.
Source: https://www.tradingview.com/x/LkYiBlAR/
Some Reasons to invest in STEPN (GMT)
- Low circulating volume: StepN (GMT) has a total supply of 6 billion. Presently, only 600 million GMT is in circulation. This circulating supply represents 10% of its total supply. Hence, early investors could make good profits as the demand keeps rising. At the time of writing, its trading volume has increased by 294% in the past 24 hours.
- Positive Forecast: StepN has a present all-time high price of $4.11. According to Coinquora analyst price prediction, it could reach $400 by the end of 2026.
- Positive sentiments towards a move to earn tokens: StepN (GMT) is one of the most successful moves to earn tokens in the Solana ecosystem. There is a positive sentiment toward fitness projects due to good returns. Since its launch, the return on investment on STEPN is presently 9248%.
2. GenesysGo Shadow (SHDW)
Source: https://www.tradingview.com/x/PhFHCIIb Is the second in rank in the best Solana ecosystem coins presently. It has had a yield of 42.64% in the past 90 days. It is presently trading at $0.90. SHDW has decreased by 0.9% in the past 24 hours. It has a trading volume of $2.5 million. GenesysGo is ranked in position 2900 in CoinMarketCap.
Some reasons to invest in GenesysGo Shadow
Good ROI in the past three months: GenesysGo Shadow (SHDW) has increased by 64% after it attained an all-time low price of $0.5497 on Feb 24th, 2022. This shows that the price might still rise above its present all-time high of $2.62 soon. Increasing trading volume: in the past 24-hours, the trading volume of SHDW has increased by 64%. This has made it increase in rank by 37 positions in the past 24 hours. It was previously ranked in 2937 position on May 26th.
3. Hubble Protocol (HBB)
Is the third in rank in the best Solana ecosystem coins presently. It has a yield of 27.96% in the past 90 days. HBB has decreased by 8.45% in the past 24 hours.. Hubble Protocol is presently ranked in position 3088 in CoinMarketCap. It has a trading volume of $841 million.
Source: https://www.tradingview.com/x/O1PfqXVf/
Some reasons to invest in Hubble Protocol
- Its increase in trading volume: the trading volume of Hubble Protocol (HBB) has increased by 25% in the past 24 hours. This led to HBB's increase in position by 42 places. It was ranked in position 3131 on May 26th, 2022.
- Rise in demand for Stablecoins; due to the recent crypto winter, there has been a high demand for stablecoins in other to reduce losses due to high volatility. Hubble Protocol allows its users to mint USD Hubble (USDH) at 0% interest with multiple collateral options. This could lead to a surge in its parent token HBB soon.
4. DUST Protocol (DUST)
Is the fourth in rank in the best Solana ecosystem coins presently. It has had a yield of 17.98% in the past 90 days. It is presently trading at $2.85. DUST has a 24 hours decrease in the price of 0.94%. It is presently ranked in position 3085 in CoinMarketCap. It has a 24 hours trading volume of $1.096 million.
Source: https://www.tradingview.com/x/xngu52xR
Why invest in the DUST Protocol?
- 247% ROI in two weeks: Dust Protocol token (DUST) attained a present all-time low price of $0.8209 according to CoinMarketCap on May 12th. However, its present price of $2.85 shows that it has gained about 247% in the past two weeks.
- Its NFT application: there are growing markets for NFT projects. DUST can only be minted by burning NFTs. This could give investors an option to own an alternative currency instead of receiving no rewards for their token burn.