Gate News Bot Message, February 6th, According to CoinMarketCap data, as of press time, SOL (Solana) is trading at $77.90, down 14.41% in the past 24 hours, with a high of $118.87 and a low of $68.69. The 24-hour trading volume reached $13 billion. The current market capitalization is approximately $44.146 billion, a decrease of $7.434 billion from yesterday.
Solana is a leading high-performance blockchain network globally, dedicated to becoming the capital market for global assets, providing infrastructure for internet capital markets, payments, and crypto applications. As a rapidly growing and leading financial platform, Solana has become the preferred choice for startups and enterprises, with the most users, the most developers, the highest trading activity, and the strongest real-time processing capabilities. Global institutions such as Western Union, Visa, and PayPal are building applications on Solana. To date, Solana has processed over 350 million monthly transactions, with a trading volume of $3.3 trillion, application ecosystem revenue of $3.4 billion, and 50 million active monthly addresses.
Recent important news about SOL:
1️⃣ Long-term price target revision reflects market expectation adjustments
Market analysts are optimistic about SOL’s long-term development prospects. Some analysts maintain the expectation of surpassing $2,000 by 2030, but have also lowered the short-term target for 2026. This adjustment in expectations reflects the market’s recognition of recent price corrections and confidence in the project’s long-term fundamental value.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Foundation Chairman Lily Liu Declares "Blockchain Gaming Is Dead," Total Market Cap Drops 87%
Solana Foundation Chair Lily Liu claimed on X platform that "blockchain gaming won't come back," sparking heated discussion in the GameFi circle. The market value of crypto games plummeted from a 2022 peak of $35 billion to $4.5 billion, a decline of 87%. She pointed out that games prioritizing earning mechanisms over gameplay itself caused the market to gradually shrink, while responses within Solana vary, with some projects still adjusting to seek survival.
動區BlockTempo1h ago
Solana Foundation Chair: Blockchain gaming is dead and will not return
Solana Foundation Chair Lily Liu stated that blockchain gaming will not make a comeback, citing the example of Mark Zuckerberg's Meta abandoning its metaverse vision after investing $80 billion, although Meta's strategy did not explicitly involve blockchain.
GateNews2h ago
SOL breaks through 90 USDT, 24-hour gain of 1.23%
Gate News report: On March 20, market data shows that SOL broke through 90 USDT, currently trading at 90.02 USDT, with a 24-hour gain of 1.23%.
GateNews5h ago
Solana Foundation President Lily Liu: Blockchain gaming is dead and will not return
Solana Foundation president Lily Liu stated in a post that blockchain gaming is dead and will not make a comeback. This comment stems from attention to Meta's abandonment of its metaverse vision, despite having no direct connection to blockchain. Companies like Mythical Games and Gunzilla Games continue to advance related projects.
GateNews8h ago
Dan Romero Clarifies Five Misconceptions About MPP, Protocol Submitted to IETF Web Standards Proposal
Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.
GateNews12h ago
