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Solana Surges: Is it too late to profit?

Solana has 5X since November, going from $20 to $100.

Is it too late to profit?

Short answer is NO.

Here are five projects on Solana that could potentially moon.

  1. Jupiter

  2. Raydium

  3. Solend

  4. Orca

  5. Nosana

1. Jupiter

This project has no token yet, but they will be airdropping JUP. You can checkout the offical page https://airdrop.jup.ag/

Read the blog https://station.jup.ag/blog/ to get the latest info on how the airdrops will be distributed and how to qualify.

Jupiter currently is seeing over 100,000 users daily using their exchange. You can easily swap, set limit orders, dca (dollar cost average), bridge assets and trade on perpetuals.

You need SOL and wallet to start using Jupiter. I personally use Trust Wallet and Wallet Connect to interact with Dapp. There are many ways to get SOL, this time I used https://changenow.io/ 

The opportunity here is to qualify for the airdrop or purchase the token when launched.

2. Raydium

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages a central limit order book to enable lightning-fast trades, shared liquidity and new features for earning yield.

Currently ranked #147 on Coingecko with a MC of $417 Million. Raydium is seeing 80k users daily with a TVL of $126 Million

Raydium’s ATH was $16.83, with current price at $1.68. There is plenty of room, in fact a possible 10x from here. Current daily trade volume is $31 Billion generates substantial income from fees.

The play here is to accumulate Raydium and wait for ATH’s.

3. Solend

Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana. With Solend, you can earn interest, borrow, leverage long and short.

Solend is currently ranked #359 on CoinGecko, current price is $2.86 and ATH was $16.65. It has $222M TVL and generates over $2M in fees per year.

When Solana price continues up so will Solend. Accumulate Solend and waith for ATH’s.

4. Orca

Orca (https://www.orca.so) is an advanced protocol built around a Concentrated Liquidity Automated Market Maker (CLAMM).

Ranked at #169 on CoinGecko, currently $7.70 with ATH of $20.33. Easy 3 X to ATH’s.

Orca has $206M in TVL and volume is over $400M daily.

Users need a dex to get into their favourite meme tokens. The more users will drive demand for ORCA. Accumulate ORCA and wait for ATH’s.

5. Nosana

The most cost-effective GPU grid, with zero lock-in. Developed and customized for AI inference workloads. Consumers, miners, and businesses can monetize their idle hardware by becoming a Nosana Node.

Powered by Solana and the $NOS token.

Nosana is currently 68 cents with ATH’s of 89 cents. The main competitor is Render Network with a MC of $1.7B. If Nosana continues to develop it’s product and onboard new users could break thru ATH’s. Accumulate NOS and sell into ATH’s.

In essence, the Solana ecosystem is teeming with opportunities, and it's not too late to explore and potentially profit from these innovative projects. Each of these ventures comes with its unique value proposition, and as the Solana blockchain continues its upward trajectory, these projects could be well-poised for substantial growth. Whether through airdrops, yield farming, or strategic investment, the diverse opportunities on Solana provide investors with a range of options to explore and potentially capitalize on the ongoing momentum.

DYOR!