Cryptocurrency Q&A Why did Solana skyrocket?

Why did Solana skyrocket?

CryptoAce CryptoAce Mon May 13 2024 | 6 answers 994
Why did Solana's value skyrocket?" I'm genuinely curious about this phenomenon. Could it be due to the blockchain's scalability and speed? Has its proof-of-history consensus mechanism gained widespread acceptance? Or perhaps, is it a result of the robust ecosystem of decentralized applications built on Solana? It's intriguing to see how quickly its market capitalization has grown. Could you please elaborate on the key factors that contributed to this remarkable surge in value? I'm eager to understand the underlying reasons behind this explosive growth. Why did Solana skyrocket?

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