🚀 Growing Interest in Solana
posted 19 Dec 2023
The search volume for Solana on Google has seen a significant uptick,
almost tripling in the last two months. This increase comes after a
period of relative stability in searches until mid-October.
Solana Search Volume on Google Source: The Block
This surge in interest aligns with the period from October to December,
during which the SOL price rose from $20 to $75. While there are various
factors behind this increase, a notable contribution came from Ark
Invest CEO Cathie Wood's recent positive comments about Solana.
As
of now, the total value locked (TVL) in the Solana network has
surpassed $1 billion, as reported by DefiLlama. This represents almost a
fivefold increase from the beginning of the year, although it's still
far from its 2021 peak of $10 billion.
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