• Blogs
  • Best Solana Ecosystem Crypto to Invest in for Good Returns (2024)

Best Solana Ecosystem Crypto to Invest in for Good Returns (2024)

Best Solana Ecosystem Crypto to Invest in for Good Returns (2024)
Author: Rakshita Jain
10-Sept-2024

We are halfway through 2024, and one trend that is only becoming stronger is the Solana ecosystem tokens. The crypto space has witnessed the glory of various Solana-based cryptocurrencies, which made investors gasp by registering staggering returns in record time.

However, these cryptocurrencies are rising, leaving investors confused about which to bet on. So, how about having a handy list of the best Solana crypto to invest in in 2024 that can give good returns?

Sounds helpful, right?

So, let's delve into that list and discuss each individually in the below crypto blog!

List of Best Solana Crypto to Buy in 2024

Category Rank

 

Crypto Name Current ATH
#1 Bonk (BONK) $0.00004704
#2 Dogwifhat (WIF) $4.85
#3 Jito (JTO) $5.28
#4 Render (RENDER) $13.60
#5 Chainlink (LINK) $52.88
#6 Book of Meme (BOME) $0.02805
#7 The Graph (GRT) $2.88
#8 Helium (HNT) $55.22
#9 Woo Network (WOO) $2.48
#10 Jupiter (JUP) $2.04

Before we discuss the above best Solana crypto to buy one by one to see their potential in detail, we must understand how the trend of Solana coins began and how much future potential they hold.

About Solana Ecosystem Projects

As we all know, Solana is one of the leading general-purpose blockchains after Ethereum. Developers can write decentralized applications, tokens, and NFTs on it using Rust and other programming languages. Due to its high scalability and throughput, Solana is increasingly becoming one of the most preferred blockchains for high-potential projects. Since it can handle thousands of transactions each second at low fees, Solana can cater to various users and use cases. A part of this is the Solana meme coins that have been experiencing rapid growth since 2023. As a result, Solana has seen numerous successful meme coin airdrops like BONK, further amplifying its overall reliability in the meme coin space. The rising discussions on Solana spot ETFs in the USA and other countries have also helped the Solana ecosystem to thrive with new crypto projects by giving it authority.

Now, let's jump into the best Solana ecosystem crypto to buy in 2024 for good returns!

Best Solana Ecosystem Crypto to Invest in 2024

Best Solana Project Rank #1 - Bonk (BONK)

BONK is the first dog-themed coin on Solana, launched in late 2022. It became popular as a coin "for the people, by the people" as 50% of its supply was airdropped to the Solana (SOL) community on Christmas Day of 2022. In terms of its community-driven nature and cult following, it shares various similarities with top meme coins like DOGE and SHIB. Since launch, BONK has experienced parabolic growth, outperforming multiple altcoins and meme coins.

The key objective of the BONK community behind its creation is to develop a community coin that holders can use across multiple dApps built on the Solana blockchain. The project also strongly believes in giving everyone a fair shot, and hence, it randomly distributed BONK tokens to Solana NFT collectors, developers, and artists. Despite having a limited digital footprint, BONK is the best Solana crypto to buy due to its strong community support and first-mover advantage. At the time of writing, BONK stands at 5,800% year-to-year gains, with a total of 18,348.79% gains since launch. With its performance directly linked with Solana (SOL), BONK has huge untapped potential for the upcoming months. However, due to its nature and volatility, it comes with a high-risk profile.

Read more about its future price possibilities in BONK price prediction

Key Metrics Value
BONK Market Cap $1.4B
BONK Rank by Market Cap #50
BONK Rank in our Top Solana coin list #1
BONK Circulating Supply 69.41T BONK
BONK Total Supply 92.9T BONK
BONK Maximum Supply --
BONK All-time High $0.00004704
BONK All-time Low $0.00000009197

Best Solana Crypto Rank #2- Dogwifhat (WIF)

The next best Solana crypto to buy is Dogwifhat (WIF). It is another dog-theme meme crypto based on the Solana blockchain. Launched on November 20, 2023, Dogwifhat denotes a Shiba Inu breed poppy flaunting a pink knitted hat that became a meme when a Fortnite player put it in her Twitter profile picture, and someone commented "Dogwifhat", starting a trend where many other Fortnite streamers and players replaced their Twitter profile with the same picture. Even today, Dogwifhat is widely popular in the Fortnite and Rocket League communities.

Leveraging that movement, some anonymous developers created the Dogwifhat meme coin under the same name in 2023 on the Solana network. So unlike BONK, Dogwifhat also enjoys a memetic origin. With its build-up on the Solana network, Dogwifhat is compatible with SPL (Solana Program Library), helping it follow all fungible token standards on the Solana blockchain. Currently, WIF offers no utility and is progressing only with community and memetic power. Notably, WIF does not undergo staking or burning, so its circulating supply is very much its total supply.

Like BONK, Dogwifhat (WIF) has gained immense support and popularity since its launch. According to Market Cap, it is currently one of the top five meme coins in the crypto space, making it a top Solana coin in 2024.

Read more about it in our Dogwifhat (WIF) price prediction.

Key Metrics Value
WIF Market Cap $1,728,807,900
WIF Rank by Market Cap #44
WIF Rank in our top Solana coin list #2
WIF Circulating Supply 998,845,610 WIF
WIF Total Supply 998,845,610 WIF
WIF Maximum Supply -
WIF All-time High $4.85
WIF All-time Low $0.0677

Best Solana Crypto Rank #3- JITO (JTO)

If you are someone looking for a utility-based Solana ecosystem crypto, JITO (JTO) is your treasure. Jito is a SOL liquidity staking platform on the Solana blockchain where users can stake their SOL for JitoSOL tokens to maintain the SOL's liquidity and DeFi operations. JITO stands out from its competitors by leveraging Maximal Extractable Value (MEV) strategies, which helps reveal additional profit opportunities due to differences in the execution of transactions in a specific order. It helps JITO users boost their yields by up to 15% by combining staking and MEV rewards. The JitoSOL holders can convert them into JTO tokens as per the conversion rate.

JTO is the governance token of the Jito ecosystem and enables its holders to make significant decisions to shape the future of the Jito Network. These decisions revolve around setting fees for the JitoSOL stake pool, updating delegation parameters, managing the JTO treasury owned by DAO, and other development aspects. Due to JTO's significance in governing Jito, a prominent Solna Liquidity staking platform, it is also a great option for those looking for the best Solana crypto to add to their portfolio.

Key Metrics Value
JTO Market Cap $349,110,606
JTO Rank by Market Cap #139
JTO Rank in our top Solana coin list #3
JTO Circulating Supply 124,442,742 JTO
JTO Total Supply 1,000,000,000 JTO
JTO Maximum Supply -
JTO All-time High $5.28
JTO All-time Low $1.43

Best Solana Crypto Rank #4 - Render (RENDER)

The next best Solana Crypto in 2024 is certainly RENDER. It is the native token of a decentralized 3D rendering network, Render. While it was initially built on Ethereum in 2017, Render shifted to the Solana network for higher scalability in 2023 via community voting. It has multi-sector use cases because it enables GPU owners with idle GPUs to monetize their GPU power by virtually lending them to those in need. Users from various fields like architecture, motion graphics, AI, gaming, and more participate in the Render network to benefit from its bridging of GPU providers and those who need GPU powers.

All the payments on the Render network to process rendering and reward GPU lenders are made using RENDER tokens. Those who have RENDER also have a say in the RenderDAO, where all the protocol changes are discussed and decided. Those who do not want to pay for the service with a cryptocurrency on the Render network can use bank cards or other fiat-based payment methods. Since it recently completed the rebranding process, chances are that RENDER can see significant price gains by the end of 2024. Thus, we have shortlisted it as a great choice for the best Solana crypto to buy this year.

OurRender price prediction will help you understand its potential in detail.

Key Metrics Value
RENDER Market Cap $1,919,076,758
RENDER Rank by Market Cap #40
RENDER Rank in our top Solana coin list #4
RENDER Circulating Supply 392,459,381 RENDER
RENDER Total Supply 532,219,655 RENDER
RENDER Maximum Supply -
RENDER All-time High $13.60
RENDER All-time Low $0.03676

Best Solana Crypto Rank #5- Chainlink (LINK)

Only a few crypto enthusiasts know that Chainlink is also a cryptocurrency in the Solana ecosystem. This is because Chainlink provides data feeds on the Solana network. Data feeds relate to real-time and historical trade data obtained from prominent crypto venues. These data feeds of Chainlink on Solana collect data from various data providers, creating a synergic relationship between the two, making Chainlink's LINK a Solana crypto.

The unique component of Chainlink that makes it the best Solana crypto is its Oracle network, which provides the infrastructure to connect TradFi's on-chain data with on-chain tokenized assets. Without it, data syncing and retrieval between on-chain assets and their off-chain connectives is tough to establish. It also gives Chainlink a strong place in the RWA space, which is one of the fastest-growing crypto narratives in 2024. The recently launched tokenization projects on Chainlink include HSBC's tokenized gold bars and RealIT's commercial and real estate tokenization project.

As the native currency, LINK is the platform currency for anyone wishing to use Chainlink for interoperability, Oracle, or other features and functions. LINK owners can earn incentives by participating in Chainlink governance matters and consensus.

Key Metrics Value
LINK Market Cap $6,449,607,087
LINK Rank by Market Cap #16
LINK Rank in our top Solana coin list #5
LINK Circulating Supply 608,099,970 LINK
LINK Total Supply 1,000,000,000 LINK
LINK Maximum Supply  
LINK All-time High $52.88
LINK All-time Low $0.1263

Best Solana Crypto Rank #6- Book of Meme (BOME)

Another addition to your best Solana ecosystem crypto can be BOME, aka Book of Meme. It is one of the newly launched Solana-based memecoin that aims to work towards web3 culture by unifying memes, degen shitcoin trading, gambling and decentralized storage solutions under one roof. Unlike Dogwifhat (WIF) and Bonk (BONK), BOME has serious future plans to improve its functionalities, including establishing a permanent storage library for memes, Bitcoin inscriptions and other cross-chain storage assets.

Darkfarms, a popular NFT artist specializing in Pepe-theme memes and digital assets, is the creator of BOME, giving it another community benefit due to its existing prominence. At the time of its launch, BOME was given to those who sent SOL tokens to the wallet addresses provided by its creators in advance.

Despite being a relatively new cryptocurrency, BOME scored in the top 10 trending meme coins with a decent market cap of $520.38 million. At the time of writing, its last one-year returns stand at 725%, making it a deserving candidate for the best Solana crypto to buy in 2024.

Consider reading ourBOME price prediction for some deeper insights.

Key Metrics Value
BOME Market Cap $519,462,142
BOME Rank by Market Cap #106
BOME Rank in our top Solana coin list #6
BOME Circulating Supply 68,961,770,609 BOME
BOME Total Supply 68,961,770,609 BOME
BOME Maximum Supply
BOME All-time High $0.02805
BOME All-time Low $0.000858

Best Solana Crypto Rank #7 - The Graph (GRT)

The seventh best Solana crypto to buy is the GRT token of the Graph protocol. The Graph is a decentralized blockchain indexing protocol developers use to query different blockchains to obtain detailed data. They usually use this detailed blockchain data to develop dApps and other decentralized products. The general process of obtaining any blockchain data from The Graph involves sending an information query to it, over which the network nodes immediately respond by finding the right subgraph containing the relevant information and delivering it to the party that raised the query.

In exchange for the information, the developers pay the nodes a fee in GRT tokens. The network also uses GRT to incentivize node operators and power its consensus and governance. The total GRT supply at its mainnet launch was 10 billion, with new token issuance for indexing rewards set as 3% annually. This amount can change depending on the future requirements of the project.

Though Graph operates on the Ethereum blockchain, it also supports Solana. This means that the Solana developer community can also use The Graph to build lightning-fast dApps through substreams. These substreams are a technological advancement that allows Solana developers to efficiently extract and interpret on-chain data from Solana's mainnet-beta to use in their new applications. As per The Graph's announcement, this is only the first step to include Solana, and more exciting use cases can come in the future.

If you want to buy Graph (GRT) in India, head on to Flitpay for a seamless crypto investing experience.

Key Metrics Value
GRT Market Cap $1,355,065,978
GRT Rank by Market Cap #52
GRT Rank in our top Solana coin list #7
GRT Circulating Supply 9,548,531,509 GRT
GRT Total Supply 10,799,706,720 GRT
GRT Maximum Supply
GRT All-time High $2.88
GRT All-time Low No data

Best Solana Crypto Rank #8 - Helium (HNT)

Helium (HNT) is another of the best Solana cryptos to buy in 2024, mainly because of its past performance and strong utilities. It is a blockchain network for Internet of Things (IoT) devices that allow low-power wireless appliances to communicate and send data across network nodes. Helium calls these nodes hotspots, comprising a wireless gateway and a blockchain mining device. By deploying them in your home, office or town, you can provide wireless network coverage for low-power IoT or cellular devices and earn HNT tokens.

Those Helium users who operate these nodes mine and earn incentives in the native cryptocurrency of Helium, HNT.They purchase network hotspots that provide network coverage over a certain radius and mine HNT tokens.

Earlier in 2019, when it was launched, Helium used to operate on its own layer-1 blockchain. However, in April 2023, it shifted to Solana for better security, convenience, scalability and functionalities. Interestingly, one of the Helium co-founders, Shawn Fanning, built one of the first P2P music-sharing service platforms, Napster, in the late 1990s.

Key Metrics Value
HNT Market Cap $994,095,855
HNT Rank by Market Cap #66
HNT Rank in our top Solana coin list #8
HNT Circulating Supply 160,875,442 HNT
HNT Total Supply 160,875,442 HNT
HNT Maximum Supply
HNT All-time High $55.22
HNT All-time Low $0.2534

Best Solana Crypto Rank #9 - Woo Network (WOO)

Another respectable mention under the best Solana crypto is WOO by Woo Network. Initially launched on the Ethereum blockchain, the Woo network is capable of existing on Solana through cross-chain bridges. Its key component is the robust centralized trading platform, WOO X, which provides higher liquidity, improved execution, and advanced trading tools for spot and perpetual futures. Additionally, the Woo network has a dApp, WOOFI, which offers swaps, perps, staking of its native WOO token, and multiple other yield-generating options. Due to its easy ways to DeFi, WOOFI is among the top 10 DEX by volume, deployable on over ten mainstream networks like Optimism, Polygon, zkSync, Arbitrum, Avalanche and more.

The Woo network's native token, WOO, plays a pivotal role in the CEX and DEX components. The ecosystem has multiple purposes for the token, including staking for yields on WOOFi and staking on WOO X for reduced fees, high API rate limits and other benefits. The initial supply of WOO tokens at the time of launch in October 2020 was 3 billion. However, the platform burned a significant portion of this supply, adjusting the total supply to 2.23 billion tokens.  However, the maximum supply of WOO remains under wraps.

Key Metrics Value
WOO Market Cap $268,598,948
WOO Rank by Market Cap #157
WOO Rank in our top Solana coin list #9
WOO Circulating Supply 1,918,632,627 WOO
WOO Total Supply 2,227,453,655 WOO
WOO Maximum Supply
WOO All-time High $2.48
WOO All-time Low No data

Best Solana Crypto Rank #10- Jupiter (JUP)

The last best Solana crypto to buy in 2024 is JUP. It is the native token of the Jupiter platform, a popular DEX aggregator that pools resources to ensure more efficient and effective token swaps, perpetual futures, and other DEX functions. It is built carefully on the Solana ecosystem to offer advanced SPL token swapping at an affordable fee and minimal slippage. Users can also place buy or sell orders at specific price levels on it to avoid slippage. Additionally, Jupiter permits the purchase of a fixed amount of tokens in a specific price range and time frames so that users can perform dollar-cost averaging conveniently. In case users want to bridge tokens from EVM blockchains or non-EVM blockchains, Jupiter establishes optimal routes for such functions as well. Lastly, it lets them trade futures contracts of certain supported tokens at a maximum leverage of up to x100.

Tools available on Jupiter ease the work of developers for connecting dApps, web browsers, and other components to the platform. As a result, many strong projects like Raydium, Serum, and Orca have already had successful integrations.

Its native token, JUP, is the governance token that gives its holders the power to have a say in the platform's decisions and directions. This includes voting on platform proposals related to its functionality, updates, reward distributions, fee collections and many other critical aspects.

Key Metrics Value
JUP Market Cap $1,066,905,621
JUP Rank by Market Cap #57
JUP Rank in our top Solana coin list #10
JUP Circulating Supply 1,350,000,000 JUP
JUP Total Supply 10,000,000,000 JUP
JUP Maximum Supply --
JUP All-time High $2.04
JUP All-time Low $0.4557

With that, our list of best Solana coins in 2024 ends. All those mentioned above top ten best Solana coins for 2024 are chosen based on their rising popularity, ROI growth, historical trends and other technical factors. However, since the crypto market is highly volatile and speculative, we advise readers to take utmost caution before investing in any Solana crypto coin. We advise you to do self-research, too, to make a better-informed decision.

FAQs

Which are the best Solana coins in 2024?

Our analysis shows that there are ten best Solana coins in 2024. These include- Bonk (BONK), Chainlink (LINK), Render (RENDER), Dogwifhat (WIF) and The Graph (GRT), Jito (JTO), Book of Meme (BOME), Helium (HNT), Woo network (WOO), and Jupiter (JUP).

Which is the best Solana crypto to buy in 2024?

The best Solana crypto to buy in 2024 depends on your risk-taking potential and financial goals. If you are looking for a high-risk, high-return investment, Dogwifhat (WIF), Bonk (BONK), and Book of Meme (BOME) can be your best choice. If you are looking for relatively low-risk profile cryptocurrencies, Render (RENDER) and Chainlink (LINK) can be your answer.

Where can you buy the best Solana crypto to invest in India?

Flitpay is the best platform to buy Solana crypto and invest in India. Here, you can easily buy RENDER, BOME, LINK, WOO, BONK and many other top Solana cryptocurrencies. It is an FIU-approved cryptocurrency exchange with strong customer support and quick deposits/withdrawals.

How to find the best Solana crypto to buy?

To find the best Solana crypto to buy, research projects built on the Solana blockchain. Look for established coins with strong fundamentals, active development teams, and a solid use case. Check the project's community engagement on social media and forums, market capitalization, and trading volume. Review the roadmap to understand future plans and assess the project's growth potential.

Is Dogwifhat (WIF) a top Solana crypto?

At the time of writing, Dogwifhat (WIF) is one of the five top Solana crypto options, according to the market cap. It is also the largest Solana meme coin, with a strong global community.

Discover More:

Best Crypto to Buy Now for the Next Bull Run

Top 10 Best Cryptocurrency to Invest

Top 10 Crypto Memecoins to Watch This Year!

Top 10 AI Crypto Coins to Invest

List of Best Cryptos to Buy Today for the Long-Term

NOTIFICATIONSClose
ALL
USER
Nothing to see here!
It looks like you are already updated
Nothing to see here!
You must Login to see actions