❤️ Most Loved Alt
Solana, the most loved altcoin of 2023, plus whether the domain industry is about to fly again
Hey there 👋,
In this week’s newsletter I discuss:
Solana, the most loved altcoin of 2023
Whether the domain industry is about to fly again
Richard Patey - @richardpatey
Very little activity was seen in the altcoin space, Solana continues to shine, with inflows of US$5m, marking its 27th week of inflows and just 4 weeks of outflows this year, highlighting it as the most loved altcoin this year.
In an article by Decrypt, James said that the success of Solana this year:
…is due to its partnership with many financial institutions, such as payments giant Visa, “while offering ultrafast cheap payments.” He added that despite not having the same number of users or developers that Ethereum boasts, “it has captured the favor of investors.”
As such, Solana is up 20% over the last 7 days, and up 131% year to date:
And the TLV (total value locked) on Solana just hit a new high for 2023, at $338M this Monday:
Upgrade to read about 3 potential upcoming Solana based airdrops.
The DN market is rapidly reviving:
There are an endless stream of DN conferences around the world, transactions of large DN such as Media. com and Candy .com, and Dynadot acquires Park. io.
Is there any other good news?
Is the domain name industry going to fly again?
— [email protected] (@domainname)
Oct 3, 2023
DN.com is currently selling invest.ai which gets a decent amount of traffic, whether that’s from end users looking to build on the site, or most likely other domain investors looking to purchase. The domain last sold at the end user platform Sedo back in 2017 for $6,999 (classic).
Interested in reaching 5K+ subscribers with your message?
(Or know of a brand who could be a good fit?)
Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only.