Solana (SOL) Triumphs in Hackathon: The Altcoin Soars to New Heights!
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 06 2024Cryptocurrency Market Fluctuations:
- Some tokens are defying gravity in the volatile market.
- The local token of the Solana Renaissance Hackathon winner doubled in price quickly.
Solana Renaissance Hackathon Results:
- Over 8,300 participants from 95 countries submitted 1,071 projects.
- Mining project Ore emerged as the grand champion and won 50,000 USDC.
Price Increase of ORE Token:
- ORE token's price surged by over 100% after winning the hackathon.
- Currently trading at $244, showing a 92% daily increase.
Winning Projects and Categories:
- Banger won in consumer applications category.
- 0xhighTPS won in crypto infrastructure category.
- Maneko won in the gaming category.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
