solana 2cash

Solana is On Fire: Bullish Factors are Raised

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It has been not more than a month since 2cash added its new coins and NFTs including Solana (SOL), a public blockchain that is backed by Sam Bankman-Fried, the founder of crypto exchange FTX. Now, you can trade SOL using your 2cash wallet.

As a number of platforms generate massive visibility of SOL, it has been on fire lately reaching all-time highs in recent months, making it one of the top performers in the industry. At the time of writing, CoinGecko reported that SOL is one of the most traded tokens on centralized exchanges. The statistics from Messari also display that the cryptocurrency had risen more than 13,500% in 2021. Further, the cost of digital currency expanded at the identical time that it, and other layer-1 tokens, were moving higher along with Bitcoin (BTC), a development reported on by CoinDesk and Cointelegraph. Layer 1 is the base layer, the main network on which a cryptocurrency, such as BTC, runs. As of press time, SOL trades at $209.31 in accordance with CoinDesk.

Many analysts have also highlighted a range of bullish factors that have influenced the favorable price movements of SOL. A managing director of Digital Capital Management, Tim Enneking, is positive that SOL continues to move up for several reasons. Among these reasons, he highlighted the capability of SOL in providing what Ethereum (ETH) has been promising for years including but not limited to PoS, low transaction fees, and greater scalability.

About 2cash

2cash is a FinTech development firm that provides unlimited trading and transactions through the AC20, plus pays rewards to all AC20 members when they invite others. In addition to the AC20, members can also enjoy ProTrade, Crypto-Commerce, BillPay, and other features available in the 2cash wallet.

For more information, visit www.2cash.io and create a free account using the promo code of the person who invited you. If you found 2cash online, chat with us or email us and we will provide you a promo code.