![\"Sol](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/01\/5421C896-70B8-445A-9FBA-4D139D005219-300x214.jpeg\")
<\/p>\nSolana (SOL) has witnessed an impressive recovery since the asset’s price cratered following the news of the FTX collapse. However, even with such a remarkable gain this month alone, what are the prospects for this digital asset going forward?<\/p>\n
At press time, the price of SOL stands at $24.82, indicating an uptrend of 1.15% in the past 24 hours, putting it in line with the broader market, which is up by 1.26% in the same period.<\/p>\n
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With a gain of well over 100% in the past month, SOL is one of the best-performing top coins<\/a> in the market. The coin had seen its price crater thanks to continued links to the now-defunct FTX exchange, but this month has brought several impressive gains for it.<\/p>\n So far, there hasn’t been any concrete pointer as to why the price of SOL has risen so much in the past few weeks. The Solana blockchain<\/a> has been uncharacteristically quiet to start the year as it appears that its developers are focusing more on building silently.<\/p>\n Nevertheless, SOL’s status as a leading altcoin will help its rise. The crypto asset was affected by the bear market of 2022, dropping about 4% of its value throughout the year. And with Solana’s links to FTX, the asset saw a massive price erosion following the latter’s dissolution.<\/p>\n Heading into 2023, the market is looking to stage a rebound. Coin prices are up following improved inflation numbers, and many investors believe this could be sustained further. With no negative news from the Solana blockchain developers yet, the market sentiment surrounding SOL appears to be getting better.<\/p>\n At present, SOL is likely on the radar of many investors looking for potential profits. However, it is also worth noting that several other assets could also deliver gains at this time. Below are a few top options:<\/p>\n Meta Masters Guild (MMG)<\/a> is the first global guild dedicated to mobile Web3 gaming. The team’s main goal is to create exceptional blockchain-enabled mobile games that establish a decentralized gaming environment, allowing members to receive rewards for long-term participation in the ecosystem.<\/p>\n With the Meta Masters Guild, players gain access to different gaming titles. Each of these games can operate independently, but they are all tasked with incorporating the Guild’s native MEMAG token <\/a>in some way.<\/p>\n Also, the games created by the MMG will feature in-game incentives known as ‘Gems’ which can be exchanged for MEMAG tokens. The token should gain utility quickly with multiple games and use cases.<\/p>\n Already, the Guild has one game, Meta Kart Racers, in the works. Two other games are set for development after it, and as more games enter this ecosystem, the prospects for MEMAG<\/a> look better.<\/p>\n 🚨 IMPORTANT ANNOUNCEMENT #MEMAGFAM<\/a> 🚨<\/p>\n 💪 Stage 2 of the $MEMAG<\/a> presale is officially SOLD OUT! 💰<\/p>\n 🙌 Thank you to our amazing community for your support! 🛡️<\/p>\n 😉 Not to worry, there's still time to buy $MEMAG<\/a> during stage 3 and secure your tokens! 💰<\/p>\n ➡️ https:\/\/t.co\/SBqVjX5mWn<\/a> pic.twitter.com\/r6ULtlUplo<\/a><\/p>\n — Meta Masters Guild Games (MEMAGX) (@MEMAGgames) January 23, 2023<\/a><\/p><\/blockquote>\nSolana Benefits From Broader Market Rally<\/h2>\n
Promising New Presales For Investors<\/h2>\n
Meta Masters Guild (MEMAG)<\/h3>\n
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