Solana overtakes Ethereum in popularity on Google

The rating of the search query “Solana” peaked for the first time on December 24

29.12.2023 - 13:36

168

2 min

What’s new? Since December 20, the Solana network has surpassed the Ethereum blockchain in popularity on Google, with search query rankings averaging 47/100 and 31/100 respectively. Solana is ahead of Ethereum in most regions and countries, including Russia, the United States, Canada, and virtually all of Europe. Solana reached its highest 100/100 score for the first time in its history on December 24, and on December 26, the rate of the native token SOL jumped to its highest since last April ($122).

Google Trends’ data

What else is known? The data showed that users who searched Google for Solana-related information were also interested in projects within the ecosystem such as the “dog” meme token BONK and the non-fungible token (NFT) marketplace Tensor.

BONK topped analyst platform CryptoDiffer’s Q4 growth rate ranking with a 7547% growth rate. The surge in the US and Europe saw all Web 3.0 Saga smartphones from developer Solana sold out, as buyers are given a 30 million BONK gift in addition to the device. The asset has already moved into third place in the meme coin ranking with a Shiba Inu dog mascot, overtaking its older competitor FLOKI.

In turn, the Tensorians collection from the Tensor NFT marketplace has shown a 484% increase in trading volume over the last month.

Solana network’s number of new addresses in December updated the record at 6,8 million

The number of active addresses also peaked at 15,6 million

Solana has also overtaken Ethereum in terms of trading volume on decentralized exchanges (DEXs), with weekly figures of $10,33 billion and $10,061 billion respectively, according to data by the DeFiLlama platform.

Author: