This week’s Wealth Mastery Coin Review will look at the Solana Ecosystem to focus on the Top 5 Solana Altcoins. We’ll also discuss Solana's current state and how FTX Exchange's downfall has affected the protocol.
- What are the Top 5 Solana Altcoins?
- The Graph - GRT
- Waves - WAVES
- Audius - AUDIO
- Ren - REN
- Solana - SOL
- What is the future of Solana?
- How do you buy Solana Altcoins?
- Are Solana Altcoins worth buying?
What are the Top 5 Solana Altcoins?
Last week we discussed the Top Five Polygon Altcoins. So this week, we’re looking at the Top 5 Solana Altcoins and checking the temperature of the Solana Ecosystem. It’s no surprise that Solana has fallen into troubled times in 2022. Its exposure to FTX can not be understated. But this is crypto, after all, and if Ripple Labs can continue doing what they do. Maybe, just maybe, Solana will be able to crawl out of the hole they’ve dug themselves into. This list will not be the end-all-be-all regarding Altcoins on Solana. It won’t be comprised of Altcoins available exclusively on Solana either. This list will comprise the projects with the most significant Market Caps currently utilizing the Solana blockchain. So it should be a surprise that while Marinade Staked SOL is the number one protocol by Total Value Locked on Solana, with less than a $15 Million Market Cap, it is miles away from the lowest Altcoin on the list, Ren, with its almost $90 Million Market Cap. This also helps indicate just how thin the ice Solana has found itself