Solana Ranked as One of many Most Resilient: Messari

• Messari revealed the outcomes of their newest operational Nakamoto coefficient calculations.
• The agency’s calculations confirmed that Solana was probably the most resilient blockchain community.
• At press time, SOL’s worth was down greater than 8% and was buying and selling at $18.46.

The market intelligence agency Messari famous in a Twitter thread printed earlier immediately that Solana (SOL) is likely one of the most resilient networks. Based on the tweet, the agency calculated that the Solana community has an operational Nakamoto coefficient of 1.9.

Messari additionally revealed the operational Nakamoto coefficients for Alanache (AVAX), Cardano (ADA), Close to Protocol (NEAR), and Aptos (APT) of their tweet. All of those networks have been decided to be much less resilient than Solana by the agency.

Messari talked about in one other tweet that the ratio of staked SOL to circulating SOL is 71%. Based on the submit, there are 392 million SOL staked of the 396 million SOL tokens which might be in circulation. Because of this, SOL was ranked second behind APT on this regard, with its staking ratio of 85%.

At press time, SOL’s worth was down greater than 8% based on CoinMarketCap. The altcoin’s worth stood at $18.46, which was a big drop from its each day excessive of $20.20. In the meantime, the crypto’s 24-hour low was at $18.29. SOL’s current worth drop pushed its weekly efficiency additional into the crimson at -10.54%.

Its each day buying and selling quantity additionally dropped simply over 8%. Because of this, the full 24-hour buying and selling quantity for SOL stood at $400,567,153 at press time.

Along with weakening towards the greenback over the previous 24 hours, SOL was additionally outperformed by the 2 market leaders Bitcoin (BTC) and Ethereum (ETH). At press time, SOL was down 6.63% towards BTC and 6.30% towards the most important altcoin by market cap. This meant that 1 SOL was price 0.0007008 BTC and 0.01005 ETH.

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