The original post: /r/cryptocurrency by /u/Mr_Hodlerr on 2024-07-02 14:54:56.
Looking at this chart with 4,344% return, Solana looks like the best performing asset in the past 5 years.
Public consensus is that due to a lot of meme coins popping up on Solana and low transaction fees has fueled the growth. Will the gains fade away after the meme coin frenzy or Solana will remain the number one competitor for Ethereum? Not to forget there was a time when Solana was going offline and online again and again. Is Solana regaining trust or its just low ticket transactions and meme coins.
Source: https://botsfolio.com/crypto-investment-calculator/custom-portfolio?period=5+year&SOL=100
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