Solana has experienced a remarkable comeback in 2024, becoming one of the most popular blockchains in the crypto industry. Its native token, SOL, has seen a significant price increase of nearly 200% over the past year. Solana has surpassed Ethereum in various key metrics, including real economic value, active addresses, and decentralized exchange volume. The blockchain has also seen a surge in meme coin activity, with platforms like Pump.fun making it easier for users to create new tokens. The release of the Solana Saga smartphone and the upcoming Seeker edition have further bolstered Solana's popularity. Additionally, the blockchain's technical infrastructure is set to improve with the introduction of Solana Firedancer, which aims to optimize network performance. Major financial institutions, including PayPal, are showing interest in Solana as a digital payments solution.



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