Top Trending Cryptos on Solana Chain Today – Dawkoins, SkyHause, Lyte Finance

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News
making
rounds
have
shown
that
some
FTX
SOL
holdings
might
enter
the
market
soon.
The


liquidated
tokens,
valued
at
nearly
$2
billion,
are
said
to
hit
the
market,
and
they
received
interest
from
several
investors,
including
venture
capitalists. 


However,
the
SOL
sales
might
not
immediately
impact
the
overall
price
action
of
SOL
as
it
has
a
4-year
vesting
schedule
and
is
still
locked
up.
Despite
the
news
of
the
asset
sales,


Some
of
the



top
trending
cryptocurrencies
on
the
Solana
chain


are
posting
double-digit
gains,
and
there
are
indications
of
prospective
positive
price
movement
ahead
of
the
coins. 


Top
Trending
Cryptos
on
Solana
Chain


Additionally,
degen
investors
are
anticipating
the
next
meme
coin
seasons
as
the
prices
of
meme
coins
have
dropped
across
the
market.
Nevertheless,
Sponge
V2
continues
to
make
headway.
The
details
of
Sponge
V2’s
performance
are
included
in
today’s
update
on
the
top
trending
cryptos
on
the
Solana
chain. 


1.
Dawkoins
(DAW)


Dawkoins
(DAW)
has
experienced
a
significant
surge
in
its
price
over
the
last
24
hours.
Currently
priced
at
$0.001220,
Dawkoins
has
seen
a
trading
volume
of
$316,815
in
the
same
period.


This
surge
follows
a
volatility
pattern
for
Dawkoins,
which
hit
its
all-time
high
of
$0.003825
on
Apr
1,
2024,
and
its
all-time
low
of
$0.000685
on
Apr
5,
2024.
Notably,
the
cycle
low
stands
at
$0.000685,
while
the
cycle
high
reached
$0.001582.


The
cryptocurrency
market
sentiment,
as
indicated
by
the
Fear
&
Greed
Index,
is
currently
at
75,
reflecting
a
sentiment
of
greed
among
investors.
Also,
Dawkins
holds
its
ground
in
the
market,
ranked
#394
in
the
Meme
Coins
sector
and
#7
in
the
Solana
Coins
&
Tokens
sector.

DAW price chart


Dawkoins’
rise
to
prominence
is
rooted
in
its
unique
narrative.
Created
to
honor
Richard
Dawkins,
the
renowned
biologist
and
author
credited
with
conceptualizing
the
idea
of
“memes”
in
his
seminal
work,
“The
Selfish
Gene,”
Dawkoins
quickly
garnered
attention
within
the
meme
coin
community.


Moreover,
Dawkins
himself
expressed
intrigue
at
the
creation
of
Dawkoins,
acknowledging
the
token’s
homage
to
his
contributions.
The
token
gained
further
traction
after
receiving
a
shout-out
from
Elon
Musk,
popularly
known
as
the
Dogefather.


DAW
tokens
are
primarily
traded
on
decentralized
exchanges,
with
Raydium
emerging
as
a
popular
choice.
The
DAW/SOL
trading
pair
on
Raydium
witnessed
a
trading
volume
of
$152,634
in
the
past
24
hours,
indicating
active
investor
participation.


2.
SkyHause
(SKYH)


Sky
Hause,
driven
by
the
belief
in
democratizing
access
to
premium
real
estate
investment,
leverages
the
capabilities
of
the
Solana
blockchain.
It
aims
to
make
fractionalized
property
ownership
accessible
to
all,
not
just
the
traditionally
wealthy
or
institutions.


At
the
heart
of
Sky
Hause
is
the
SKYH
token,
which
serves
dual
purposes
as
a
governance
tool
and
an
investment
gateway.
Holders
of
SKYH
tokens
have
the
privilege
to
actively
participate
in
shaping
the
platform’s
future
by
voting
on
proposals
and
making
critical
decisions.

SKYH Price Chart


Moreover,
SKYH
tokens
are
a
prerequisite
for
investing
in
properties
within
the
Sky
Hause
portfolio,
offering
exclusive
investment
opportunities
to
token
holders.
In
terms
of
performance,
Sky
Hause’s
price
stands
at
$0.000876,
with
a
24-hour
trading
volume
of
$6,143.16
and
a
market
cap
of
$267,254.
Despite
its
relatively
low
market
dominance
of
0.00%,
the
SKYH
token
has
witnessed
a
significant
surge
of
33.37%
in
the
last
24
hours.


The
token
reached
its
peak
price
of
$0.000893
on
Apr
6,
2024,
marking
its
all-time
high,
while
its
lowest
price
of
$0.000650
was
recorded
on
Apr
4,
2024,
representing
its
all-time
low.
Furthermore,
the
cycle
low
of
$0.000852
and
cycle
high
of
$0.000876
indicate
fluctuations
within
its
price
range.


With
a
circulating
supply
of
304.95
million
SKYH
tokens
out
of
a
maximum
supply
of
500
million
SKYH,
Sky
Hause
currently
holds
the
#7
rank
in
the
Solana
Coins
&
Tokens
sector
based
on
market
capitalization.


3.
Lyte
Finance
(LYTE)


Lyte
Finance,
built
on
the
native
$LYTE
token,
is
a
DeFi
protocol
that
aims
to
provide
a
treasury-backed
ecosystem
for
user
empowerment
and
long-term
sustainability.
The
protocol
aims
to
establish
a
decentralized
treasury
and
create
value
for
holders
within
the
Solana
network.


With
a
comprehensive
protocol
offering
dynamic
staking,
a
referral
system,
and
a
strategic
treasury,
Lyte
Finance
provides
users
with
a
seamless
and
rewarding
experience.
The
staking
mechanism
operates
on
6-hour
epochs,
allowing
users
to
stake
LYTE
tokens,
claim
rewards,
compound
earnings,
or
unstack
with
a
2.5%
fee
applied
to
ensure
sustainability.

LYTE_price chart


The
referral
system
incentivizes
user
engagement
and
community
growth
by
enabling
users
to
stake
LYTE
tokens,
generate
unique
referral
codes,
and
earn
5%
of
their
referees’
earnings.
Staking
LYTE
tokens
unlocks
this
feature,
enhancing
the
protocol’s
functionality
and
promoting
Lyte
Finance
within
the
community.


As
for
its
current
performance,
Lyte
Finance
(LYTE)
is
priced
at
$48.96
with
a
24-hour
trading
volume
of
$66,014.99,
marking
a
significant
73.60%
price
increase
within
the
last
24
hours.
However,
the
circulating
supply
data
is
not
available
today.


Despite
a
0.00%
price
change
over
the
past
seven
days,
Lyte
Finance
has
shown
resilience
compared
to
the
global
cryptocurrency
market,
which
experienced
a
downturn
of
-3.60%.
However,
it
lags
behind
similar
Solana
Ecosystem
cryptocurrencies,
which
have
seen
a
16.20%
increase.


LYTE
tokens
are
tradable
on
decentralized
exchanges,
with
Raydium
being
the
most
popular
platform.
The
LYTE/SOL
trading
pair
on
Raydium
has
witnessed
a
trading
volume
of
$66,032.80
in
the
last
24
hours,
indicating
a
recent
surge
in
market
activity,
with
a
notable
97.70%
increase
from
the
previous
day.


What
Might
Be
The
Next
Top
Trending
Crypto



Sponge
V2


has
surpassed
the
outstanding
performance
of
V1
by
all
metrics.
It
had
a
trading
volume
of
over
$250
million
at
its
ATH
value,
which
is
twice
the
market
cap
of
V1.
SPON\GE’s
upbeat
performance
is
not
over,
as
the
platform
recently
unveiled
the
plans
to
launch
the
play-to-earn
gaming
invite.
The
goal
is
to
create
more
demand
for
the
SPONGE
token
to
mop
up
the
supply. 


As
the
community
anticipates
the
arrival
of
its
P2E
gaming
infinitive,
the
chance
to
buy
presents
itself
as
the
price
of
the
SPONGE
token
recently
kicked
into
a
retrace.
Consequently,
investors
can
fill
their
bags
before
the
next
meme
coin
season.


In
the
recent
memecoin
pump,



SPONGE


posted
over
100%
gains,
which
put
it
in
the
top
gainers
list.
As
the
market
heads
towards
another
meme
coin
rally,
SPONGE
has
a
high
chance
of
becoming
one
of
the
top
trending
assets
in
the
market.
Its
chance
even
increases
if
the
launch
of
the
P2E
game
coincides
with
the
rally. 



Visit
Sponge
V2
Website


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