Price: $0.19360 -0.7985%
Market Cap: 28.4B 1.1281%
Volume (24h): 4.56B 0.2%
Dominance: 1.1281%
Price: $0.19360 -0.7985%
Market Cap: 28.4B 1.1281%
Volume (24h): 4.56B 0.2%
Dominance: 1.1281% 1.1281%
  • Price: $0.19360 -0.7985%
  • Market Cap: 28.4B 1.1281%
  • Volume (24h): 4.56B 0.2%
  • Dominance: 1.1281% 1.1281%
  • Price: $0.19360 -0.7985%
Home > Information news > Solana hits record Google search volume as SOL crosses $200

Solana hits record Google search volume as SOL crosses $200

Release: 2024/03/18 20:48 Reading: 851

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/65f834f082211f1366a197e8

Solana (SOL) became one of the most talked-about cryptocurrencies of the current crypto market rally late in 2023 when it rapidly surged from about $20 at the tail end of September to above $120 in late December.

The surge in value led to a spike in interest and saw Solana show both remarkable strength and led to certain issues as highlighted by the fact that the network became congested with delays in communication between nodes of up to 40 seconds.

Despite this, the token continued gaining ground into 2024 and has – disregarding the mid-January drop that affected most cryptocurrencies in the wake of the approval of nine spot Bitcoin (BTC) exchange-traded funds (ETFs) – mostly been surging even surpassing $200 by mid-March.

Picks for you

AI predicts Dogecoin price for end of 2024 1 hour ago
Cardano could rocket 150% with this pattern, says expert 2 hours ago
Bitcoin inches closer to major ‘danger zone’ as halving nears 2 hours ago
Solana’s network hit with massive congestion; Will SOL retreat? 19 hours ago

Solana reaches 100 worldwide search interest

Along with the surge in price, Google (NASDAQ: GOOGL) trends also show that public interest in SOl has also risen to an unprecedented level with the technology giant’s metrics showing it has reached 100 worldwide, and in some regions for the first time ever.

Solana has seen, based on the data retrieved from Google Trends, its two recent heights of popularity around the New Year, and since the start of March – both coinciding with massive price spikes.

The highest spike in search volume took place in the period starting on February 17 and hit the maximum possible reading of 100 on March 17.

The previous search volume record was reached approximately three years ago in September 2021 when it stood at 84.

The big tech company’s data also shows that SOL is most searched for in Malta while there is also significant interest in Spain, Mauritius, Georgia, and the People’s Republic of China.

Despite breaking records globally, interest in Solana in the U.S. is still fairly limited with Google Trends showing a volume of 18.

Solana price chart

Solana’s recent performance does much to explain its recently-achieved peak of popularity as the token has done little else that rise in recent months. In the last 52 weeks, SOL rose 822.27%, and it is 98.49% in the green year-to-date (YTD).

Solana’s more recent performance is similarly impressive as it surged 88.86% in the last 30 days and is up 40.30% on the weekly chart. The latest 24 hours of trading also saw a rise of 7.64% to the press time price of $208.01.

Solana’s unrelenting trend seen since the end of September 2023 strongly indicates that the token is well on its way to reaching and surpassing its old all-time high (ATH) of approximately $260 touched in November 2021.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Source: https://thebittimes.com/solana-hits-record-google-search-volume-as-sol-crosses-200-tbt82833.html

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.