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Cryptocurrency News Articles

Grayscale Lists Three Solana Ecosystem Coins on Their ‘Under Consideration’ List: $JUP, $PYTH, and $HNT

Nov 05, 2024 at 08:01 pm

Today, we’re breaking down those three high-potential Solana gems, checking if they’re worth holding, and sharing our thoughts on their growth potential in this bull market.

Grayscale Lists Three Solana Ecosystem Coins on Their ‘Under Consideration’ List: $JUP, $PYTH, and $HNT

Grayscale is considering adding three promising Solana ecosystem coins to its investment options. These coins, which are already generating a lot of buzz within the Solana community, could see a surge in interest and demand if Grayscale decides to include them in its lineup.

The three coins in question are Jupiter ($JUP), Pyth Network (PYTH), and Helium Network (HNT). Here's a closer look at each coin and its potential:

1) Jupiter ($JUP)

Jupiter is a decentralized exchange aggregator that helps users find the best token prices across multiple platforms. They currently handle the highest trading volume of all Solana exchanges.

2) Pyth Network (PYTH)

Pyth Network is a financial oracle network that provides real-time data from exchanges, market makers, and financial services. They are known for their focus on financial data and getting it directly from the source.

3) Helium Network (HNT)

Helium Network is a decentralized wireless infrastructure that uses blockchain technology to power the Internet of Things (IoT). They have a community-powered network of hotspots that provide coverage.

These three coins are all part of the Solana ecosystem, which is known for its fast transactions, low fees, and a thriving community. If Grayscale adds them to their investment options, it could bring a lot of attention to these coins and help them reach new heights in this bull market.

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