The Solana ecosystem, according to analysts of the CoinGecko platform, has become dominant in terms of investor attention. Popularity is ensured by the growth in the value of its own token SOL and meme coins.
Source Solana now accounts for more than 49% of investor interest. According to CoinGecko analysts, the leadership may remain throughout 2024.
< p> In second place with only 12% of investor interest is Ethereum. The second line was ensured only by reputation and recognition. According to CoinGecko experts, investors are increasingly interested in second-layer networks created on Ethereum, and not in the underlying ecosystem itself. BNB Chain closes the top three with 5.4% of investor popularity. The interest is due to the growth of the BNB asset, nothing more. As for other ecosystems, which are, for example, on the fourth and fifth lines of the rating (Cosmos and Avalance), interest in them is caused by successful airdrops and meme tokens.
The Polygon (2%), zkSync (1.3%) and Metis (0.9%) ecosystems attract even less attention from investors. Overall, CoinGecko estimates that twenty blockchain systems account for 97.4% of investor interest.
According to ContentFi Labs analysts, traders’ interest has shifted towards Solana and meme tokens due to the high volatility of Bitcoin. The SOL rate exceeded $201 for the first time since 2021 and surpassed BNB in market capitalization.