Solana and Altcoins Still Capture Developer Interest Despite Decline

While Bitcoin and other altcoins have been experiencing consistent declines, Solana has seen some of the most significant drops in recent weeks, reaching as low as $110.

Despite this downturn, Solana and various tokens built on its network continue to capture the attention of cryptocurrency developers.

According to Santiment, a leading crypto analytics firm, Solana remains the top focus among developers, despite its price struggles. The firm highlighted that Solana-based projects like Wormhole and Pyth Network have also seen notable attention.

In the past month, Solana took the lead, followed by Wormhole (W) and Pyth Network (PYTH), marking them as the most active projects among developers.

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The full list of top Solana-based projects, in terms of developer interest, includes:

• Solana (SOL)
• Wormhole (W)
• Pyth Network (PYTH)
• Helium (IOT)
• Helium Mobile (MOBILE)
• Drift Protocol (DRIFT)
• Neon EVM (NEON)
• Metaplex (MPLX)
• Jito (JTO)
• Swarms (SWARMS)

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.