Solana network has become the most favored for the launch of new tokens, especially meme coins. In the last few months, the Solana coins have presented good returns, creating hype around itself. Coins like WIF, BONK BOME, and many others were behind this hype because of their March rally. However, Solana’s native token, SOL, is struggling despite the demand on the network. For now, let us look at the three Solana coins that are booming this week in the declining market conditions.
Byte (BYTE)
Following the March rally, BYTE is attempting another one, as it has surged 200% in a week interval. BYTE has gained 573% in YTD, making it among the top-performing cryptos, following other Solana meme coins like WIF, MAGA, etc. At the time of writing, Byte is worth $0.00003297 after 17% gains in the last 24 hours. Additionally, it has a market cap of $31,799,468 and a trading volume of $2,837,806. With this week’s surge, BYTE is now 51% away from the all-time high target of $0.00006408.
Slothana (SLOTH)
After a successful presale for this sloth-themed meme coin, it is also making its name in the crypto market. Moments after its launch, Slothana captured a big surge to an all-time high of $0.05983 before declining real low. The drop continued for days and has begun to rise again in the past few days, gaining 31% in value. Slothana and many other Solana coins are rising today, beating the odds. It is now trading at $0.01452 with a market cap of $24,716,037 and a trading volume of $9,242,667.
SolCex (SOLCEX)
SOLCEX has entered the market recently, bagging 337% in value from its launch. This Solana coin is the native token of the centralized cryptocurrency exchange, SolCex, launched on the Solana network. With the maintained demand in the market, SOLCEX has gained 28% this week, and the 6% comes in the last 24 hours, bringing the value to $0.01349. Additionally, it carries a market cap of $6,751,211 and a trading volume of $1,563,231.
Byte, Slothana, and SolCex have exhibited impressive performance this week, getting ahead of all popular Solana coins. It has to see how these Solana coins will continue in the future and whether they get ahead of the rest or not. However, as the trends may build or destroy any crypto, the popular ones might also recover once the trends are set right and the declining market recovers.
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The post 3 Solana Coins Booming This Week With New Gains appeared first on CoinGape.
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