- Solana’s recent surge to $100+ sparks trader enthusiasm, driving remarkable individual success like the $ANALOS trade.
- Underlining its growing popularity, Solana’s network establishes records with 15.6 million active and 6.8 million new addresses.
- Non-voting transactions on Solana, though not breaking records, highlight a nuanced aspect of user activity amidst the overall success story.
Amidst the bustling cryptocurrency carnival on the Solana blockchain, a tale of remarkable success has captured the attention of the trading community. As per Lookonchain, an analytic platform, a savvy investor transformed a modest $900 investment into an astounding $3.47 million in just five days, showcasing an extraordinary gain of over 3800x. At the heart of this financial spectacle lies the trading of ANALOS, a uniquely named token thriving within the Solana ecosystem.
The journey commenced with a strategic investment of 12 SOL, equivalent to $900. This enabled the acquisition of a substantial 2.6 billion units of the intriguing $ANALOS token, currently priced at $0.00199840.
A series of calculated maneuvers ensued as the trader adeptly capitalized on the escalating value of $ANALOS within the Solana ecosystem. A pivotal moment came when 1.45 billion $ANALOS was traded for a considerable sum of 1.43 million $USDC, marking a significant turning point in this financial rollercoaster.
The trader strategically continues to capitalize on the soaring market, divesting more $ANALOS. Meanwhile, retaining 1.12 billion $ANALOS valued at $2.04 million, the cumulative profit stands at an impressive $3.47 million.
Set against the backdrop of Solana’s recent surge to over $100, now trading at $111.41, a milestone that has ignited fervor among traders. Notably, this achievement unfolded just over a year after the FTX collapse, which drove Solana’s price below the $10 mark.
Beyond individual success stories, Solana’s network has been making waves on a broader scale. Records have tumbled in terms of monthly new and active addresses, exemplifying the blockchain’s growing popularity.
Experiencing a remarkable surge, the active Solana network addresses have surpassed the previous record of 15.2 million in January of the same year. This increase amounts to approximately 50%, reaching an impressive 15.6 million.
Simultaneously, new addresses on the Solana network achieved an unprecedented peak in December, surpassing the record of 6.6 million documented in May 2023. The current figure stands at a remarkable 6.8 million.
Interestingly, amidst these achievements, one metric has yet to set a new record: non-voting transactions. These transactions, crucial indicators of genuine user activity on the Solana network, still linger below November numbers.
Despite this, the overarching narrative of Solana’s surging popularity persists. Individual success stories, such as the astounding $ANALOS trade, further emphasize the dynamic and evolving nature of the cryptocurrency landscape.
