Solana ecosystem on the rise as SOL rallies, GambleFi NFTs on the low-down

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Solana memecoins, blue-chips and NFTs gained some new life after SOL rallied over 143% throughout the month.

Starting from lows of $20 Solana’s native SOL token climbed over 100% just shy of $55 before settling this week.

As a result of Solana’s bullish rally, Solana memecoins, NFTs and ecosystem tokens charged, resembling Solana’s ‘Sol summer’ from the previous bull run.

New meemcoin MYRO, named after the Solana co-founder’s dog, drew attention from Ethereum memecoins and climbed over 67%.

NFTs such as Claynosaurz, Mad Lads, Quekz and Tensorians all made a a few gains. Solana GambleFi NFTs Solcasino and Divvy.Bet gained some attention but NFT floors for each collection increased minimally.

Solcasino’s Solbears NFTs climbed a mere 1% after the team decided to revamp the platform’s staking mechanism in favor of Solcasino’s SCS token.

With markets expecting Bitcoin to dip before continuing upwards many investors will have their eyes on Solana in the future.

Alex is an editor at CryptoGamblingNews.com who focuses on cryptocurrency and web3 gambling.

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John SommersJohn Sommers is a distinguished figure in the world of gambling expertise, known for his deep knowledge and insightful analysis of the gaming industry. As a seasoned author, he has contributed extensively to the reputable gambling news site, TwinCasinos, focusing on providing valuable insights to English-speaking gamblers worldwide.

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Author: John Sommers

John Sommers is a distinguished figure in the world of gambling expertise, known for his deep knowledge and insightful analysis of the gaming industry. As a seasoned author, he has contributed extensively to the reputable gambling news site, TwinCasinos, focusing on providing valuable insights to English-speaking gamblers worldwide. With a career spanning over a decade, John has honed his expertise in various aspects of gambling, from strategic gameplay to industry trends and regulatory developments. His articles are revered for their blend of comprehensive research, astute observations, and a knack for demystifying complex concepts for both novice and seasoned players. Beyond his writing prowess, John has established himself as a trusted authority, often sought after for his expert commentary on the ever-evolving landscape of the casino and betting industry. His passion for responsible gambling and commitment to ensuring players make informed choices are evident in his work, making him a beacon of integrity in an industry that demands such values. Whether you’re a casual gambler or a dedicated enthusiast, John Sommers’ contributions to TwinCasinos promise to be an invaluable resource for navigating the dynamic world of gambling.

Author: Willie Edwards