Solana has emerged as the winning blockchain of this cycle, surpassing Ethereum and any other chain to lead chain-specific narratives by accounting for 38.8% of global crypto investor interest in 2024.
All this excitement surrounding Solana has been driven by a number of factors, including price. The $116.3 billion market cap coin hit its all-time high (ATH) at $263 in November and is up a whopping 2,300% from its 2022 low when the price declined over 94% and went sub-$10.
This shows the extremely volatile journey of SOL which was hit hard by FTX’s collapse only to emerge victorious these past two years. Known for its technological advancements, which enable the Solana blockchain to offer low fees and high transaction speeds, these features have led to a rush of NFTs, DeFi, and dApps launching on it.
But more importantly, the chain has become the home to the memecoin mania. In fact, President-elect Donald Trump has launched his own memecoin $TRUMP on Solana. That isn’t even all. Trump is reportedly considering the creation of an America-first strategic cryptocurrency reserve that prioritizes coins founded in the US, including SOL.Â
Against this backdrop, the market is speculating about Solana ETF approval, with the likes of Grayscale, VanEck, Bitwise, 21Shares, and Canary Capital having submitted applications for it.
This shows a bright future for Solana, but only time will tell if it will be able to maintain its position or if, much like how Solana has overtaken Ethereum in popularity and usage, another chain will come and claim its title.
So, how do you even find the next Solana? Interestingly, if six years ago you would have wanted to buy SOL before it hit the market, you wouldn’t have been able to. That’s because the project was VC-funded, with the likes of Multicoin Capital, Blocktower Capital, Foundation Capital, Slow Ventures, NEO Global Capital, Passport Capital, Rockaway Ventures, and Distributed Global receiving SOL tokens in exchange for their investment.
But while you couldn’t have gotten your hands on SOL at its early stage of development, now there is a solution in the market that allows you to participate in the same funding rounds that crypto’s biggest funds, such as Coinbase Ventures, Binance Labs, Spartan, Haskay Capital, Samsung Next, and Animoca Brands have access to.
That solution is Coin Terminal, which lets you buy before the market and grow your wealth by taking advantage of the opportunity to bet on a promising project early on.
Get the Next Solana on Coin Terminal
Coin Terminal is a fast-growing launchpad that offers one of Web3’s most liquid primary markets. It matches projects and investors and helps them fulfill each other’s needs in the most efficient and secure manner.
What makes this crypto launchpad different from several others in the space is the ease with which users from around the world can get started in minutes and take advantage of the very same opportunities that some of the biggest investors in the crypto industry get.
Launched just over a year ago, Coin Terminal has so far hosted a total of 58 sales, two of which had 100x returns. The platform boasts over 500,000 active users and more than $1.8 billion in connected assets. It has also distributed $65 million on presales worth $7.5 million.
To offer its users some of the most promising projects, the Coin Terminal team runs a thorough assessment of the potential of a token’s secondary liquidity. For this, several factors are taken into consideration, including narrative, marketing, and distribution resources, which can have a massive effect on the success of a project.
What’s more, through Coin Terminal’s engaging user interface, one can easily access information about projects to make more informed investment decisions. With its latest upgrade, the platform has also enabled seamless interaction for token purchases and participation in sales. Its mobile responsiveness, meanwhile, allows Coin Terminal to cater to a much broader audience.
Coin Terminal users can also track all their launchpad activities in one place. From monitoring your investments, claims, and sale status to history, everything can be done with just a few clicks.
Now, to get started with Coin Terminal, one just needs to sign up and connect their favorite crypto wallet, which takes all of a minute thanks to Google login support. You do have to complete KYC, though.
With regulators around the world taking notice of crypto’s growth, innovation, and unregulated status and devising frameworks to enact, Coin Terminal makes sure that it is offering a compliant and trustworthy ecosystem for its users. To achieve that, the platform has KYC measures in place, but at the same time, it ensures fast KYC verification with no delays.
As for fees, there are no fees to opt for any sale on this launchpad. The only fee you pay is upon winning the sale, and then you pay a 25% fee on the tokens you have won.
So, with its open access, exceptional track record, intuitive interface, and smoothest participation experience ever, Coin Terminal offers the ideal place for you to find and buy the next Solana and create a strong portfolio.