Solana

Jupiter

Block

<p>In the grand theater of cryptos in 2023, Bitcoin, Ethereum, and Solana are performing acrobatics. However, in the kingdom of SOL, January brings a surge of emotions. Amidst the twists and turns and hiccups of volatility, Solana’s cryptocurrency seems to be playing its part. Is it just a merry-go-round, or a sign of regained stability? Welcome to the swirling arena of cryptos, where Solana’s SOL unveils its mysteries in January.</p>
<h2 id="h-the-sol-is-making-noise-again">The SOL is making noise again</h2>
<p>The crypto market is like a rollercoaster in 2023! <a href="https://www.cointribune.com/en/2023-the-year-of-the-crypto-revolution-bitcoin-ethereum-and-solana-booming/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin, Ethereum, and Solana are soaring</a>. But in the land of SOL, it’s been swaying since January. Volatility shocks hit, <strong>Solana is rebounding after a slip</strong>. A merry-go-round or a sign of stability?</p>
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<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
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     <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> is up 9% over last 7d, now trading at $97.44<br><br>Why? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WEN</a> <a href="https://twitter.com/hashtag/memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#memecoin</a> launch and airdrop exclusive to <a href="https://twitter.com/JupiterExchange?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@JupiterExchange</a>, Solana Saga phone, and NFT whales fueling interest<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Record surge in new Solana wallet addresses<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f539.png" alt="🔹" class="wp-smiley" style="height: 1em; max-height: 1em;"> Community anticipating <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> token airdrop <a href="https://t.co/s4JzYohYwN" rel="noopener noreferrer nofollow">pic.twitter.com/s4JzYohYwN</a></p>— BTSE (@BTSE_Official) <a href="https://twitter.com/BTSE_Official/status/1751828767335395593?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 29, 2024</a>
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  The new performances of Solana
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<p>«&nbsp;<em>SOL is up 9% over the last 7 days, currently trading at $97.44.</em></p>
<p><em>Why&nbsp;?</em></p>
<p><em>– Launch of the <strong>memecoin $WEN and exclusive airdrop on the Jupiter exchange</strong>.</em></p>
<p><em>– Record <strong>increase in new Solana wallet addresses</strong>.</em></p>
<p><em>– Anticipation of the <strong>airdrop of the $JUP token </strong>by the community.</em>&nbsp;»</p>
<p>Solana’s SOL, the altcoin that electrified the year 2023, continues its wild ride into 2024. <strong>Addresses are multiplying</strong> like hotcakes: <strong>about 459,000 new addresses, just for last January 27th</strong>. The network records its <strong>largest transactions</strong> since October 2022. The <a href="https://www.theblock.co/post/274760/solana-signups-surge-to-record-highs-while-wen-token-airdrop-nears-close?utm_source=twitter&amp;utm_medium=social" target="_blank" rel="noopener noreferrer nofollow">data from The Block</a> reveals that Solana has set a new record with its number of daily addresses, even surpassing the glorious days of May 2022.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="534" src="https://www.cointribune.com/app/uploads/2024/01/NOUVELLES-ADRESSES-SOLANA-1024x534.png" alt="NEW ADDRESSES SOLANA JANUARY 27" class="wp-image-667600" srcset="https://www.cointribune.com/app/uploads/2024/01/NOUVELLES-ADRESSES-SOLANA-1024x534.png 1024w, https://www.cointribune.com/app/uploads/2024/01/NOUVELLES-ADRESSES-SOLANA-300x157.png 300w, https://www.cointribune.com/app/uploads/2024/01/NOUVELLES-ADRESSES-SOLANA-768x401.png 768w, https://www.cointribune.com/app/uploads/2024/01/NOUVELLES-ADRESSES-SOLANA.png 1173w" sizes="(max-width: 1024px) 100vw, 1024px">
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  Number of new addresses on the Solana blockchain – Source: <a href="https://www.theblock.co/data/on-chain-metrics/solana/number-of-new-addresses-on-the-solana-network-daily-7dma" target="_blank" rel="noopener noreferrer nofollow">The Block</a>
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<p>Yet behind this frenzy, SOL doesn’t escape some jarring notes. The meme token fever propels <strong>WEN into more than a million wallets</strong>, but as of writing, nearly half of the WEN token airdrop remains unclaimed, at the mercy of time ticking inexorably. A claim window closes tomorrow, leaving users of Jupiter, Solana’s decentralized crypto exchange, in suspense.</p>
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<p>But that’s not all. The WEN airdrop is not just about free distribution. It also acts as a warm-up for <strong>Jupiter, Solana’s largest decentralized exchange aggregator</strong>. Soon, it will be the governance token JUP’s turn to take flight. This real-life exercise, a dance between meme cryptos and altcoins, marks the rhythm in Solana’s whimsical universe, where excitement is never without surprise.</p>
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<h2 id="h-solana-and-the-memecoins-madness">Solana and the memecoins madness</h2>
<p>Solana, the star of the moment, sees its performance explode with transaction volumes highest in over a year, notes <a href="https://www.theblock.co/post/270183/solana-transaction-volume-hits-highest-level-in-more-than-a-year-as-memecoin-activity-increases" target="_blank" rel="noopener noreferrer nofollow">The Block</a> again. The <strong>economy of memecoins</strong>, those little crypto gems derived from Solana, contributes to this frenzy. Economic throughput for tokens using the SPL standard has skyrocketed by 700% in 30 days.</p> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:SOLUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
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<p>The memecoins market, with rising stars like BONK, is driving Solana’s blockchain statistics up. Results are immediate, with altcoin traders accumulating multi-million dollar gains.</p>

Solana Crypto Whirlwind: Electrifying altcoin’s wild ride!

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