SOL vs. DOGE Update (SOL-USD, DOGE-USD)

In June, we contrasted two popular cryptocurrencies: Solana ($SOL-USD) and Dogecoin ($DOGE-USD). We noted relative weakness for the meme-coin DOGE, a stark contrast to the promising growth of Solana, a DeFi protocol with a well-defined use case. 2 Months have passed, and things are playing out just as we expected. DOGE is trading roughly $0.01 above it’s June 10th price. Conversely, Solana has gained +85% since our bullish feature, breaking into the top 10 over the last weekend. Although Solana Mentions remain below the past highs (-33% QoQ), they’re maintaining impressive growth in 2021, +1200% YoY on a 30-day moving average.