Solana Top Gainer Among Crypto Majors After BofA Endorsement, Rising NFT Activity

Posted on by American Coins & Gold

Solana Top Gainer Among Crypto Majors After BofA Endorsement, Rising NFT Activity
Solana (SOL) led gains among the top ten cryptocurrencies by market capitalization in the past 24 hours. Prices rose over 8% to $152 during the European morning hours on Thursday after a bounce from the $130 support level.The move came after Bank of America said in a research note that Solana’s low fees and high transaction fees made it the “Visa of the digital asset ecosystem.” It could even usurp Ethereum’s current position as a leader among smart contract-enabled blockchains, the bank’s analysts said.“Solana prioritizes scalability, but a relatively less decentralized and secure blockchain has trade-offs, illustrated by several network…