Investing In The Solana Ecosystem 📈

PLUS: Our Watchlist for the weeks ahead

Altcoin Investing Picks

Mar 07, 2024

∙ Paid

Hey, The Altcoin Investor here 👋🏻

Every Thursday, I send profitable opportunities to help you make (more) money with altcoins.

Today I want to talk about investing in the Solana ecosystem.

Let’s dive in!

The Basics

Solana wants to become the king of "consumer" blockchain—a fast, cheap, and mobile-friendly alternative for everybody.

The network’s design goal is to provide a platform that allows developers to create applications without needing to work around performance bottlenecks, such as transaction throughput limitations and prohibitively expensive transaction fees.

Network and ecosystem development and growth are supported by the non-profit Solana Foundation, Solana Labs, as well as other third-party organizations including Helius and Superteam.

Solana Labs has raised over $335 million in private and public token sales.

The Opportunity

In the last bull-run, Solana heavily outperformed the rest of the market in terms of price appreciation and VC funding.

And this time is no different:

Making (more) profits: investing in the Solana ecosystem

The Solana ecosystem features a growing set of projects across many sectors, including DeFi, consumer, DePIN, payments, and privacy.

Our Watchlist for the weeks ahead :

We have selected the best Solana Ecosystem tokens we think will outperform, followed by the related sector, number of X followers, and our buy recommendation.