Is Solana set for a big 2023?

There are specifically two high-growth areas that could be setting Solana up for a big 2023. Solana continues to build market share rapidly in the non-fungible token (NFT) market. According to crypto research firm Messari, quarter-over-quarter growth in NFTs for Solana is running at a blistering 19%.

Is Solana getting ready for a mintorama in 2023?

Looking ahead to 2023, Solana is getting ready for an event that some are calling #MintORama. In the first quarter of 2023, the Helium ( HNT) blockchain network will officially migrate over to Solana. When it does, it will lead to the minting of 1 million new NFTs, making it the largest NFT mint in Solana history.

Will Solana launch a mobile phone in 2023?

Solana expects to launch its mobile phone, the Solana Saga, in early 2023. Like most of the world’s major cryptocurrencies, SOL tokens can be traded on any number of platforms. This includes centralized exchanges like Binance.US, Coinbase, and Kraken, to name a few.

Why is Solana down 93% this year?

The Motley Fool Foundation Let's celebrate our first year helping strivers become thrivers! Solana is down more than 93% this year, and many investors are abandoning the crypto due to fears over FTX contagion. Solana continues to make headway in two key areas --NFTs and Web3 -- that could lead to rapid growth in 2023.