{"id":221896,"date":"2024-01-01T17:24:59","date_gmt":"2024-01-01T11:54:59","guid":{"rendered":"https:\/\/dripp.zone\/news\/how-much-does-solanas-rich-list-command-crypto-news\/"},"modified":"2024-01-01T17:25:02","modified_gmt":"2024-01-01T11:55:02","slug":"how-much-does-solanas-rich-list-command-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/how-much-does-solanas-rich-list-command-crypto-news\/","title":{"rendered":"How Much Does Solana’s Rich List Command? – Crypto News"},"content":{"rendered":"

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Solana, a Layer-1 blockchain, is known to be an eco-friendly chain that combines proof-of-stake consensus. In November 2021, Solana reached its record high of $260.<\/span><\/p>\n

At the time of publication, Solana has averaged out at the $100 mark but remains almost 60% down from its all-time high. At this time, we look at the top holders of Solana in 2023.\u00a0<\/span><\/p>\n

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Also Read:\u00a0<\/span><\/strong>Solana Price Prediction: Should You Enter $SOL at $100 Dip?<\/span><\/strong><\/a><\/p>\n

SOL\u2019s wealth concentration<\/h2>\n

Based on data<\/a> by CoinCarp, the top ten addresses on the Solana rich list collectively hold approximately 49.66 million SOL. This represents a significant 9.69% of SOL\u2019s total circulating supply as of November 2023.<\/span><\/p>\n

Meanwhile, the chain\u2019s top 20 holders control 14.87% of the supply. This concentration increases further with the top 50 holders possessing 24.93% of the tokens, and the top 100 holders collectively owning 33.41%, as per CoinCarp data.\u00a0<\/span><\/p>\n

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