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  <p lang="en" dir="ltr">📈 $SOL has surged to become on of the most liquid altcoins on Coinbase pic.twitter.com/0vGJ1hEiY8</p>  
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  <p>— Kaiko (@KaikoData) August 16, 2023</p> 
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 <p></p> 
 <h2 id="b-surpassing-competitors-in-liquidity-b"><b>Surpassing Competitors in Liquidity</b></h2> 
 <p><span style="font-weight: 400;">Liquidity refers to the ease with which an asset can be converted into ready cash without affecting its market price. The more liquid an asset is, the more efficiently it can be transformed into cash.&nbsp;</span></p>  
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 <p><span style="font-weight: 400;">SOL’s superior liquidity on Coinbase makes it an attractive investment option, as it can easily be bought or sold without causing significant price fluctuations. With over $3 million in liquidity, SOL has surpassed DOGE, which has just above $2 million, and XRP and Matic, which each have just over $1 million.</span></p> 
 <p><img decoding="async" class="aligncenter size-full wp-image-156943" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201320%20720'%3E%3C/svg%3E" alt="Sol Price" width="1320" height="720" data-lazy-src="https://cdn.coingape.com/wp-content/uploads/2023/08/17170343/F3rI5SSWUAARI-X.jpeg"> 
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 <p style="text-align: center;"><span style="font-weight: 400;">Altcoin liquidity chart on Coinbase, Source: </span><span style="font-weight: 400;">Kaiko</span></p>  
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 <p><span style="font-weight: 400;">Despite its liquidity advantage, Solana has not been immune to the broader market’s recent downturn. The </span><span style="font-weight: 400;">Solana price</span><span style="font-weight: 400;"> has declined by 6% to $23.39, resulting from speculation that the SEC will delay its decisions regarding Bitcoin ETF applications until 2024. Over the past week, SOL has lost 5%, down 15% in the past month. However, despite this short-term setback, SOL remains fundamentally strong.</span></p> 
 <h2 id="b-a-glimpse-of-optimism-for-solana-b"><b>A Glimpse of Optimism for Solana</b></h2> 
 <p><span style="font-weight: 400;">There are plenty of reasons for optimism regarding Solana’s future. A major highlight is the recent </span><span style="font-weight: 400;">launch</span><span style="font-weight: 400;"> of a tokenized version of Bitcoin, known as tBTC, on Solana’s network. Like Wrapped Bitcoin (WBTC) on Ethereum, tBTC will allow BTC holders to utilize their Bitcoin value across various DeFi platforms and applications, increasing usage for Solana.</span></p> 
 <p><span style="font-weight: 400;">Solana has been steadily recovering this year after a challenging 2022 marked by network outages. The network now boasts a consistent 100% uptime, and the introduction of new launches and use cases, like </span><span style="font-weight: 400;">tBTC</span><span style="font-weight: 400;">, is expected further to support Solana’s consistent recovery throughout the year.</span></p> 
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Solana (SOL) Now Among the Most Liquid Altcoins on Coinbase: Kaiko

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