HomeCryptoCrypto news: the prices of Ecoterra (ECOTERRA), Kujira (KUJI), and Solana (SOL)

Crypto news: the prices of Ecoterra (ECOTERRA), Kujira (KUJI), and Solana (SOL)

What are the latest crypto news involving the coins Ecoterra (ECOTERRA), Kujira (KUJI), and Solana (SOL)?

Let’s see below the latest updates and a focus on current prices and future forecasts. 

The price of the ECOTERRA crypto compared to Kujira and Solana 

The current value of the crypto Ecoterra (ECOTERRA) is approximately $0.00259681, with a trading volume of $115,083.37 in the last 24 hours.

Specifically, there has been an increase of 0.70% in the last 24 hours, but a decrease of -5.40% in the previous seven days.

Unfortunately, at the moment, the market capitalization of Ecoterra is not available, as the circulating supply of ECOTERRA tokens is not reported.

Anyway, the recent trading volume of Ecoterra was $114,806 in the last 24 hours, highlighting a decline of -10.30% compared to the previous day and indicating a decrease in market activity. 

With a decrease of -5.80% in the past seven days, Ecoterra is underperforming the global market of cryptocurrencies, which has recorded an increase of 3.10%.

In addition, it has shown a lower performance compared to similar cryptocurrencies in the Ethereum ecosystem, which have grown by 12.70%.

Kujira (KUJI): an impressive price rally in the context of DeFi enthusiasm

Kujira (KUJI) has recorded a remarkable increase in prices recently, going from about 3.07 to about 4.35 dollars. This represents a 42% increase, with trading volume almost doubled in the last seven days. 

Despite the absence of official announcements from the project, the growing interest in KUJI could stem from the general enthusiasm for decentralized finance and the positive momentum in the cryptocurrency markets.

We remind you that KUJI acts as a governance token and revenue sharing for the Kujira ecosystem, allowing holders to stake their KUJI to earn commissions from the services offered by Kujira. 

The offers include services such as ORCA for the settlement of collateral assets, FIN for decentralized token exchange, and PILOT for fair token launches. 

Although the adoption by users and developers could influence the rally, at the moment there is a lack of definitive data. 

Furthermore, speculation, along with positive market sentiment, seem to be the most plausible explanations for the sudden increase in prices.

Solana’s Rise: Resilience and Growth 

Recently, the crypto Solana (SOL) has experienced a significant increase in its value, recording a growth of over 100% in the past 30 days and currently settling at around $112.08. 

Despite a slight decrease of 1.72% in the last 24 hours, the overall trajectory of the cryptocurrency suggests the presence of a robust and dynamic ecosystem that continues to attract the attention of both users and developers.

OKX Ventures, a prominent player in the world of cryptocurrencies, has turned its attention to Solana (formerly Twitter) to share insights on the rapid rise of the cryptocurrency. 

The company has noticed the constant interest from new users and developers in the on-chain activities of Solana, stimulating further development initiatives.

A tweet highlighted the introduction of Solang by Solana, a platform that allows developers to create smart contracts in Solidity, demonstrating the innovative orientation of the platform.

Solana’s strategic focus on composability has positioned it as the preferred platform for the distribution of decentralized applications (dApps). 

By hosting protocols known as Marinade Finance, Jito, Orca, and others, Solana has become a hub for developers looking for a versatile and powerful blockchain ecosystem.

The Solana crypto: the differences with ECOTERRA and Kujira 

By analyzing the key growth indicators, Solana has recorded a significant increase in fees of +118.9% in the previous 90 days. 

The daily active users have grown impressively by +395.7%, highlighting a growing and engaged user base. 

The increase in daily rates from $18,900 to $48,700 (+157%) since the beginning of the year further strengthens the expansion of the platform’s utility.

On the on-chain activities front, Solana has demonstrated its scalability with a transaction per second (TPS) rate of approximately 2,314 in the last 24 hours. The current locked supply of SOL amounts to 398.55 million, with a locked percentage of 70.49%. 

Active addresses consistently exceeded 400,000 in the month of December, accompanied by a steady flow of transactions that consistently exceeded 200,000.

In the context of staking, Solana operates on a secure Proof-of-Stake (PoS) system, with a staking ratio of approximately 70%. The active validators, around 2,300, play a crucial role in maintaining the network’s security. 

The anti-inflation/deflation monetary policy of the platform, combined with a mechanism that burns 50% of transaction fees, adds an additional level of resilience.

In summary, the recent surge in Solana’s price is not simply a speculative rally, but is rooted in its thriving ecosystem, developer involvement, and solid on-chain activity. 

With the recent introduction of Solang and a growing list of projects choosing Solana as their preferred blockchain, the platform is ready to continue its upward trajectory.

Alessia Pannone
Alessia Pannone
Graduated in communication sciences, currently student of the master's degree course in publishing and writing. Writer of articles from an SEO perspective, with care for indexing in search engines.