With most assets in the cryptocurrency market recording a bullish month, some of them had an exceptionally positive year, particularly Solana (SOL), which has made an epic rise of nearly 380% in the last 12 months, during which it went from a mere $20 area to the current price at around $112.
Indeed, Solana’s year has been very generous to the fifth-largest asset in the crypto sector by market capitalization, marked by constant development and high returns-on-investment (ROI) through some of the most innovative services of staking and lending in the crypto field.
For instance, Solana supports lending SOL for non-fungible tokens (NFTs) as collateral, making it one of the rare such platforms in the business, and with interest rates of over 180% annual percentage yield (APY), in addition to the success of its protocol in other areas, including gaming.
Persistent development
Recently, one of the leading layer-1 blockchains revealed its second smartphone, already recording more than 100,0
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