Meme Coin Mania Spurs Growth in SOL, Which Overtakes XRP to Become Fifth-Largest Crypto

Oliver Knight

But much of the recent focus has been on Solana itself. The blockchain appears to improved network stability following a series of outages last year. It has also distanced itself from FTX following the collapse of the exchange, which purchased $1 billion worth of Solana-based tokens before it filed for bankruptcy.

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