Connect with us

Bitcoin

Top 10 Tokens to look out for in the Solana ecosystem

Published

on

As we all know, Solana is the latest and emerging blockchain network. SOL has been in an uptrend for several days and it doesn’t seem to be cooling down. Therefore, it would make sense to invest in tokens on the Solana blockchain in their early days.

Top Ten Coins On Solana Blockchain

The following is a list of ten tokens built on the Solana blockchain and their use cases.

N.B – Price predictions are subjective to market conditions and not a financial or investment advice

FAB – FABRIC is a synthetic asset issuance protocol built on Solana.
Current price: $0.21
Market cap: $10.7 million
Prediction by EOY: $1

ROPE – ROPE brings the well-known “market volatility index” to the crypto market and Defi space. It can be utilized to hedge against the market movement, trade volatility, a measuring tool, and all the benefits of having a volatility index.
Current price: $0.98
Market cap: $6.1 million
Prediction by EOY: $10 (10x)

LIQ – A decentralized on-chain liquidation engine built for Serum DEX margin markets on the Solana network.
Current price: $2.18
Market cap: $19.6m
Prediction by EOY: $10

HOLY – Basket token of SOL, FTT, and SRM
Current price: $32
Market cap: $2.2m
Prediction by EOY: $600

STEP – Step Finance is a platform that acts as the front page of Solana. Users of the platform will be able to visualize, analyze, execute, and aggregate transactions across all contracts and products on the Solana ecosystem such as Serum, Raydium, Mercurial, and more on a single page.
Current price: $1.44
Mcap: 135m
Prediction by EOY: $5

COPE – COPE involves seeking to ascertain and evaluate trader weaknesses and failings retrospectively based on trader calls made about crypto markets and provides reporting on this for self-analysis.
Current price: $4.6
Market cap: $90 million
Prediction by EOY: $15 (3x)

TOX – A Trollbox is a chat facility that can often be found on Cryptocurrency exchanges. The term Trollbox is synonymous with Cryptocurrency markets. Trollbox chat activity often follows market conditions and can help users discover new trades and positions or express jubilation or despair.
Current price: $0.00156
Mcap: $900k
Prediction by EOY: $0.05 (30x)

SRM – Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (Defi).
Current price: $9.8
Mcap: $480m
Prediction by EOY: $19

DXL – Dexlab makes launching on Solana easy with a token minting lab, a launchpad, and a dedicated DEX for all listings.
Current price: $0.49
Mcap: 25.8m
Prediction by EOY: $2.5

RAY – Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
Current price: $14.5
Mcap: $965m
Prediction by EOY: $45

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

Copyright © 2020 LightBlocks