5 Cryptocurrencies Redditors are Buying for the Next Bull Run

4. Solana USD (CCC:SOL-USD)

Solana USD (CCC:SOL-USD) is a popular cryptocurrency among Redditors. It is the ninth biggest cryptocurrency in the world in terms of market capitalization as of July 24.

Although Solana USD (CCC:SOL-USD) coin is down more than 75% YTD, it is a layer 1 blockchain that allows different platforms to come up with smart contracts and other products through layer 2 protocols. It is a decentralized, open-source, and scalable project that is operated by the Geneva-based Solana Foundation and was constructed by Solana Labs in San Francisco. Compared to Ethereum, it is much faster in terms of its transaction processing abilities at a lower transaction processing cost. Solana USD (CCC:SOL-USD) blockchain platform claims to be the fastest amongst its peers, with an ability to support 65,000 transactions per second.