In new cooperation, Brave Software has announced Solana DApp support. Meanwhile, millions of Solana whales have been on the move.
In a new agreement, Brave Software has announced support for the Solana DApp, resulting in a price increase during the last 24 hours.
Brave will allow the wallet to store, transmit, and acquire Solana support tokens, according to an official Twitter announcement.
Against the backdrop of the new Brave-SOL merger, millions of Solana whales have been migrating. Significant Solana transfers totalling 7,981,517 SOL, or about $184,488,017, have been detected by Whale Alerts.
Solana (SOL) is now being traded on CoinGecko for $23.65. The price of SOL increased by 1.5% during the preceding 24 hours. However, its price has decreased by the same amount during the last week. With 370 million SOL in circulation, the market capitalization of Solana is $8.83 billion.
On November 6, 2021, SOL reached a record high price of $259 and is presently trading 90.9% below that level. Consequently, SOL occupies the twelfth place in the crypto-verse. This year, the network has rebounded after losing substantial value due to network outages. In addition to the continuous outages, the FTX crisis had ramifications for SOL and the market as a whole.
However, network creators Anatoly Yakovenko and Raj Gokal recently said that despite the volatile condition of the cryptocurrency sector, the network has a bright future.
According to DefiLlama, SOL has 92 protocols with a TVL of $262.74 million. This defi chain is the twelfth biggest on the site.
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