- crypto conversations are still trending on social media, despite the struggling market.
- Traders are primarily discussing solana, liquidity, and key opinion leaders (kols).
- Large institutions such as gamestop and blackrock are contributing to solana’s popularity by introducing tokenized treasury funds on its platform.
Despite the fact that the crypto market is experiencing a downturn, individuals are still engaging in discussions about digital assets on social media.
A tweet by Santiment, a market analytics platform, indicates that liquidity, Solana, crypto influencers, token holders, and the term “MCP” are trending today.
Solana appears to be the subject of most conversations, primarily due to the fact that individuals are discussing liquidity and the market capitalization of various crypto projects.
Most traders are interested in the liquidity of SOL, which is Solana’s native cryptocurrency.
Rising Interest in Solana
Santiment noted that the conversations reveal an increasing popularity of projects associated with Solana.
Large players such as GameStop and behemoth asset manager BlackRock have begun deploying Solana’s network to issue tokenized treasury funds. This has filled market participants with a good attitude towards Solana in online conversations.
Another word also in vogue is “holders,” referring to entities or persons in possession of a particular asset. This is regarded as a positive indicator because more buyers in possession of tokens mean more action across different crypto communities. More players tend to create more resilient ecosystems.
The Role of Key Opinion Leaders
Another popular subject is key opinion leaders, or KOLs. These are crypto influencers that promote and invest in various tokens. A lot of users are discussing KOLs entering specific projects, and this is building interest and involvement from investors.
Liquidity has also been a very popular topic of discussion, where traders debate the ease or hassle of selling and buying tokens without influencing prices so much.
Santiment noted that growing interest in liquidity reflects the fact that investors are focusing more on its relevance when deciding whether to invest or not.
Finally, talk is all about MCP, which seems to be related to the market cap of other tokens. Traders are also watching MCP prices closely since they indicate the monetary movement and interest in various projects.
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