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Solana breaks the record of popularity in Google Trends
Over the past two months, the number of searches for the term Solana SOL $216.27 Solana -1.69% Market capitalization $102.08 billion VOL. 24 hours $0.92 billion on Google has increased by 250%, The Block reports, citing Google Trends data.
Cryptocurrency media analyst Rebecca Stevens said: «The price performance of [Solana] has been significantly higher than other assets, which has likely attracted more interest in the cryptocurrency. Recently, the network has also seen a rise in meme coins.»
It is worth noting that between October 19 and December 19, the price of SOL increased by about 220%.
It is worth noting that Solana’s popularity in Google search has also increased in Ukraine. The peak of queries was recorded on December 8.
According to the CoinMarketCap analytical tracker, at the time of writing, SOL is trading at $ 75.55 with a market capitalization of $ 32.3 billion. Traders made daily trading deals worth $ 1.9 billion.
To recap, cryptocurrency trader CryptoPoseidonn recently predicted that a new peak in SOL’s value is at hand. He wrote on the X platform: «I want to short but the price is still holding the market structure, maybe this is the top. But I would like to wait for a 4-hour trend reversal first.» According to CryptoPoseidonn, when the value of the digital asset goes up again, Solana will have every chance of ending up at $ 100.