Google Search Volume for Solana Sees Significant Increase
According to data tracked by The Block, the Google search volume for the term “solana” has surged by 250% from early October to early December. The search volume for “solana” rose from 14 to 49 on a scale of 0 to 100, with 100 representing a peak seen in 2020.
Price Performance
“Its price performance has been a lot stronger than other assets which has likely been pulling in more interest, and more recently memecoins on the network have also been taking off,” says The Block research analyst Rebecca Stevens. According to The Block data, Solana’s price increased by 224% between October 11 and December 18.
Industry leaders have also recognized Solana’s strong performance. ARK Invest CEO Cathie Wood praised Solana for being faster and cheaper than Ethereum and stated that it is “doing a really good job.”
Bitcoin and Ethereum Search Volume Also Rises
The search volume for “bitcoin” and “ethereum” has also increased between October and December, although at a slower pace compared to Solana.
About the Author
MK Manoylov has been a reporter for The Block since 2020. With a graduate degree from New York University’s Science, Health and Environmental Reporting Program (SHERP), MK has covered various crypto news topics and has a focus on NFTs, metaverse, web3 gaming, funding, crime, hack, and the crypto ecosystem.
Hot Take: Solana’s Rising Popularity
The soaring Google search volume for Solana reflects the growing interest in this cryptocurrency. Its impressive price performance and recognition from industry leaders have contributed to its popularity. As more people explore alternative cryptocurrencies, Solana’s unique features and advantages, such as speed and cost-effectiveness, make it an attractive choice. With its recent surge in search volume, Solana is poised to gain even more attention in the crypto market.
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