Global #Solana

The crypto exchange-traded fund (ETF) market is experiencing a new wave of growth, with futures-based Solana (SOL) and XRP ETFs attracting significant investor capital.

Axiom, a Solana-based trading platform, has become the fastest application on the network to achieve $200 million in cumulative revenue, reaching the milestone in just 202 days after its launch.

Following a volatile period, crypto market sentiment has turned bullish again, with the Crypto Fear & Greed Index rising to a score of 62, indicating "Greed." This marks a recovery from a brief dip into "Neutral" territory.

On August 4, Coinbase's Base, an Ethereum Layer 2 network, surpassed Solana in daily token issuance, a milestone largely driven by the decentralized social platform Zora.

Major altcoins like XRP, Solana, and Dogecoin are experiencing significant corrections, with declines of 5% to 7% in a single day.

As the crypto market enters a new growth phase, investors are weighing their options between XRP and Solana (SOL), two assets demonstrating strong long-term promise but with distinct paths and use cases.