The rise of Solana has led to the popularity of dog concept coins such as BONK and WIF.

Despite the Christmas holiday, SOL continues to rise, breaking above $120 this morning. The fee income of the Solana protocol not only exceeds that of Ethereum, but the dog memes BONK and WIF on the chain also continue to ferment, attracting the attention of many people.

SOL continues to soar, breaking through $120

Although it coincides with the Christmas holiday, SOL continues to soar, breaking through $120 this morning, only double the 2021 high of $259 distance.

Solana ecological DEX Raydium has generated revenue of US$87.07 million in the past 7 days, surpassing Ethereum

According to data from DeFiLlama, Solana ecological DEX Raydium has generated US$87.07 million in revenue, surpassing Ethereum. In the past seven days, the top five public chains or protocols by revenue were Bitcoin (USD 117 million), Solana ecosystem DEX Raydium (USD 87.07 million), Ethereum (USD 80.57 million), Avalanche (USD 30.67 million) and Uniswap (USD 30.67 million). US$16.29 million).

dog meme relay ferment

According to Decrypt, dog-themed meme coins have become extremely popular on the Solana network in recent weeks. Among them, the craze of BONK attracted a lot of attention, followed by the emergence of Dogwifhat (WIF). WIF has gained as much as 46% in the past 24 hours. WIF represents the image of a dog wearing a fur hat.

Even Ryan Selkis, founder of the research organization Messari, tweeted: Every billionaire I know is asking me today how to buy a hat.

Ram Ahluwalia, CEO of asset management company Lumida, also replied: The answer is the Monopoly game.

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