Google searches for “solana” increased 250% between October and December, coinciding with SOL’s performance and the rise of memecoin.
Google searches for the term “solana” increased 250% from early October to early December, according to data tracked by The Block.
Ranked on a scale of 0 to 100, with 100 representing the highest seen in 2020, searches for “solana” increased to 49 in early December from 14 just two months earlier.
“SOL’s price performance has been much stronger than other assets, likely attracting more interest, and recently, memecoins on the network are also on the rise” – said Block Research Analyst Rebecca Stevens.
According to The Block’s data, Solana’s price increased 224% between October 11 and December 18.
ARK Invest CEO Cathie Wood says Solana is faster and cheaper than Ethereum.
Google searches for “bitcoin” and “ethereum” also increased between October and December, although at a slower rate.