Solana Sees A Positive Trend
The Solana ecosystem is seeing a positive start to September. According to some reports, the network has processed a total of 96.62 million transactions and is currently executing over 3,000 transactions per second. Experts predict a new rally for Solana.
The network has caught the attention of the crypto community this week as the LunarCrush chart shows a 13.8% spike in Solana social media activity and a 2.31% increase in Solana mentions over the past seven days.
A recent report by Messari also showed that Solana has scaled over 2000 nodes. Recently, the Solana team has been continuously working on fixing bugs in the network.
Goatswap recently launched the first Solana-based AMM. It will prompt users to create pools to automatically buy, sell, or trade NFTs.
Solana is trading at $35, up 9% in the past 24 hours, according to CoinMarketCap. Solana is currently gearing up for a bullish rally as investors have been actively buying the coin since September 7th. A strong bullish candle formed at $31 and Solana is now aiming for an upward move towards the next $40 resistance level.