In addition to BONK, learn what may help Solana rise in 2023
will not maintain that hype for long. That is because, overall, the world is experiencing a major lack of liquidity, and there is not infinite money to put into a meme altcoin, further strengthening the concept that there is a great deal of speculation surrounding the token.First, it should be noted that this bullish performance by SOL might end at any moment, as the bulls have yet to return to the cryptocurrency market. Therefore, in the short term, the altcoin may experience some correction.
Last year, Anatoly Yakovenko, co-founder of Solana, said he was aware of the problems of cryptocurrency outages. He stated that the second validator client may be what crypto needs to have a long-term improvement. Of course, it is a great achievement by Solana and should be a source of pride. Even with the great interest surrounding BONK, the altcoin has managed to hold its own and its network has remained stable, something that did not happen with other projects that attracted attention on SOL's network in the past — like the NFT game SolChicks, for example.Even with all the difficulties of the past year, Solana still has one of the networks with the cheapest transaction fees.
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