Google Trends highlights Solana’s burgeoning interest.
In an interesting turn of events in the cryptocurrency space, Solana has received significant attention, surpassing Ethereum in Google search interest for the first time in 2023. This surge in curiosity reflects the dynamics within the Solana ecosystem and hints at changing trends in the cryptocurrency community. .
Solana vs. Ethereum: Changing Search Dynamics
For most of 2023, Ethereum maintained a significant lead over Solana in terms of search interest. However, the period from December 17 to December 23 brought about a pivotal change, with Solana achieving a search interest rating of 56 compared to Ethereum’s 50. Google Trends predicts that Solana’s search interest will reach a peak of 100 between December 24 and December 30. Indicates “the highest popularity of that term.”
Interestingly, Solana’s surge in search interest is more pronounced in countries like Spain and the Philippines, while Ethereum continues to dominate in regions like Indonesia, Taiwan, and Morocco.
Related search trends and market trends
Users searching Solana were also interested in terms like “bonk” and “tensor.” Bonk, a dog-themed memecoin, overtook Pepecoin in market capitalization on December 8 after a 370% monthly gain. Tensor, a Solana-based nonfungible token (NFT) marketplace, has created the Tensorians NFT collection, which has also seen significant gains over the past 30 days.
Solana’s increased search interest can be partially attributed to the recent increase in the token price. On December 20, Solana’s market capitalization surpassed Ripple’s XRP, and the token price rose 13.8%, surpassing $82 for the first time since May 2022. This surge briefly made Solana the fourth-largest cryptocurrency token by market capitalization, surpassing BNB. December 22nd. However, by December 29, BNB regained ground as Solana’s token price returned to pre-Christmas levels.