Solana Becomes The Third Most Popular Crypto People Choose To Invest In 2023

Cryptocurrencies rank by inflow positive (Jan - Sep 1, 2023).

1. Bitcoin +$269 million.

1. Solana +$26 million.

2. XRP +$13 million.

4. Cardano +$6 million.

5. Litecoin +$3 million.

Largest crypto by market cap.

1. Bitcoin ranks number 1

2. Solana ranks number 9

3. XRP ranks number 5

4. Cardano ranks number 7

5. Litecoin ranks number 15

As of September 6, 2023.

Bitcoin and Ethereum are the two most popular cryptocurrencies that people choose to invest. In 2023 Solana ranks the 3^rd most popular crypto that people choose to invest. It has $26 million more inflow than outflow. While XRP and Cardano rank number 4^th and 5^th respectively.

4 reasons why Solana is popular.

1. A performance report from Solana Foundation reported that Solana only had 1 outage in 2023.

2. Solana transaction fee rate is $0.00025.

3. Shopify support USDC on Solana pay. It allows customers to be able to bypass credit card payment.

4. Solana transaction is fast. Solana network takes about 6-12 seconds to process a transaction.