solan, bitcoin and EthereumFollowing in the footsteps of Bloomberg, it became the third cryptocurrency to be tracked by the terminal.
The price tracker titled “Bloomberg Galaxy Solana Index” went live on Monday as “the first source of enterprise-class pricing for Solana” on the terminal, said Tim Grant, head of Europe at Galaxy Digital. With this support, Bloomberg has added a new index to its crypto data products with Solana. like this SOL has become the third crypto with an independent index developed by Bloomberg-Galaxy.
According to data from CoinMarketCap, Solana is the fourth largest cryptocurrency by market cap, after Bitcoin, Ethereum, and Binance Coin. The breakthrough came in the middle of an epic year where Solana has gained nearly 1300% so far, with most of those gains in just the past few months.
The Bloomberg terminal is a high-powered personal computer system connected to an information service that provides real-time financial data on stock prices, values, and other financial information. It would not be wrong to describe the Bloomberg terminal as a means of accessing information.
Solana has become a popular coin among those who believe it could one day surpass Ethereum for smart contracts. The cryptocurrency has often been touted as the “ethereum killer” because of its potential for mass adoption. For example, Sam Bankman-Fried, head of crypto exchange FTX, said that Solana is capable of mass adoption as it can process more transactions per second for less fees than Ethereum. Earlier in November, the product head of Blockasset.co, an NFT marketplace built on the Solana network, said that the number of decentralized finance applications and non-fungible tokens (NFTs) using Solana is the “ultimate source of increased demand.”
Play-to-earn itIt can be said that the Greeks also constitute a source for their interest in the solana.